Abstract
We give some actual possibilities for computing numerical values in the classical risk models both in transient and asymptotical cases by introducing the concept of normed model. Some recent approximations are tested on numerical examples.
We also emphasize the interest of these methods to compute waiting time distributions (transient and stationary cases) in queuing theory.
Volume
13:2
Page
99
Year
1982
Categories
Actuarial Applications and Methodologies
Enterprise Risk Management
Risk Categories
Financial and Statistical Methods
Loss Distributions
Publications
ASTIN Bulletin