The Compound Binomial Risk Model with Randomly Charging Premiums and Paying Dividends to Shareholders

Based on characteristics of the nonlife joint-stock insurance company, this paper presents a compound binomial risk model that randomizes the premium income on unit time and sets the threshold for paying dividends to shareholders. In this model, the insurance company obtains the insurance policy i...

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Bibliographic Details
Main Authors: Xiong Wang, Lei He
Format: Article
Language:English
Published: Hindawi Limited 2013-01-01
Series:Journal of Applied Mathematics
Online Access:http://dx.doi.org/10.1155/2013/748204