Perturbation calculus in risk theory : application to chains and trees of reinsurancePerturbation calculus in risk theory : application to chains and trees of reinsurance
Faculty of Applied Economics
Insurance: mathematics and economics. - Amsterdam
8(1989):1, p. 97-104
University of Antwerp
Several risk exchange models in reinsurance are presented, using chain and tree hierarchies. To get explicit solutions, a method is used which is a stochastic generalization of perturbation calculus in phycics.