Abstract
In this paper, we consider a compound Poisson model under a mixed dividend strategy. The mixed dividend strategy is a combination of threshold dividend strategy and periodic dividend strategy. Given a positive threshold level b > 0, whenever the surplus process attains the level b, dividends will be paid off continuously at a rate α > 0. Furthermore, given a sequence of dividend decision times {Zj}j=1∞, whenever the observed surplus level at Zj is larger than b, the excess value will also be paid off as dividend. We study the expected discounted dividend payments before ruin and the Gerber–Shiu expected discounted penalty function. Some numerical examples are also presented.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
