Abstract
This is a discussion on the paper: Problems of ruin and survival in economics: applications of limit theorems in probability, by Bhattacharya et al. Sankhya Ser. B, Vol. 76. In particular, we indicate some connections with actuarial risk theory.
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Ramasubramanian, S. A Discussion on “Problems of Ruin and Survival in Economics: Applications of Limit Theorems in Probability” by R. Bhattacharya et al. Sankhya B 75, 184–189 (2013). https://doi.org/10.1007/s13571-013-0071-6
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DOI: https://doi.org/10.1007/s13571-013-0071-6
Keywords and phrases
- Ruin probability
- renewal risk model
- Cramer-Lundberg risk model
- Lundeberg coefficient
- subexponential distribution