This is the program for the 2010 Joint Statistical Meetings in Vancouver, British Columbia.
Abstract Details
|
Activity Number:
|
74
|
|
Type:
|
Contributed
|
|
Date/Time:
|
Sunday, August 1, 2010 : 4:00 PM to 5:50 PM
|
|
Sponsor:
|
Business and Economic Statistics Section
|
| Abstract - #308482 |
|
Title:
|
Stochastic Hybrid System
|
|
Author(s):
|
Daniel Siu*+
|
|
Companies:
|
University of South Florida
|
|
Address:
|
8617 Carley Sound Cir, Tampa, FL, 33647,
|
|
Keywords:
|
|
|
Abstract:
|
We first introduce the classical renewal model and its special case, the Cramer-Lundberg model. Moreover, the extension of this model is also outlined. The properties of the Cramer-Lundberg model is discussed, namely the expected value of the surplus at time t, its ruin probability and determination of the initial capital. The renewal model is then re-formulated into a dynamic system. The role and scope of the dynamic system are explored.
|
The address information is for the authors that have a + after their name.
Authors who are presenting talks have a * after their name.
Back to the full JSM 2010 program
|
2010 JSM Online Program Home
For information, contact jsm@amstat.org or phone (888) 231-3473.
If you have questions about the Continuing Education program, please contact the Education Department.