GONG Richao, YANG Xiangqun. The Finite Time Survival Probabilities in the Fully Discrete Compound Binomial Model[J]. Chinese Journal of Applied Probability and Statistics, 2001, 17(4): 431-436.
Citation: GONG Richao, YANG Xiangqun. The Finite Time Survival Probabilities in the Fully Discrete Compound Binomial Model[J]. Chinese Journal of Applied Probability and Statistics, 2001, 17(4): 431-436.

The Finite Time Survival Probabilities in the Fully Discrete Compound Binomial Model

  • The probabilities of the following events for a fully discrete binomial risk model are discussed in this paper: the insurance company survives to any fixed time n, the surplus at time n equals x and the k-th individual claim happens at time n. Finally, The finite time survival probability is determined based on the probability mentioned above.
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