| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7354746 | Insurance: Mathematics and Economics | 2018 | 15 Pages |
Abstract
The finite time ruin probability in the classical surplus process setup with additional capital injections and withdrawals is investigated via the Quantum Mechanics Approach. The results are compared with the Picard-Lefevre Appell Polynomial approach and the traditional Markov Chain approach. In addition, several optimization problems in the insurance market are numerically solved by applying the Quantum Mechanics Approach.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Muhsin Tamturk, Sergey Utev,