journal6 ›› 2007, Vol. 28 ›› Issue (4): 12-15.

• Mathematics • Previous Articles     Next Articles

Compound Binomial Risk Model Under Rates of Interest with Autoregressive Structure of Order 2

  

  1. (Department of Foundamental Science Teaching,Institute of Technology,Yancheng 224003,Jiangsu  China)
  • Online:2007-07-25 Published:2012-06-15
  • About author:YANG Shan-bing(1974-),male,was born in Shouxian County,Anhui Province,lecturer,master;research area is economic mathenatics.

Abstract: The compound binomial risk model under rates of interest with autoregressive structure of order 2 is studied.The integral equations of the ultimate ruin probability are obtained by the recursive method.Upper bound for the ultimate ruin probability is obtained from these equations.

Key words: risk model, rate of interest, upper bound for the ultimate ruin probability, autoregressive structure of order 2

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