English

A note on Parisian ruin under a hybrid observation scheme

Probability 2019-07-24 v1 Risk Management

Abstract

In this paper, we study the concept of Parisian ruin under the hybrid observation scheme model introduced by Li et al. \cite{binetal2016}. Under this model, the process is observed at Poisson arrival times whenever the business is financially healthy and it is continuously observed when it goes below 00. The Parisian ruin is then declared when the process stays below zero for a consecutive period of time greater than a fixed delay. We improve the result originally obtained in \cite{binetal2016} and we compute other fluctuation identities. All identities are given in terms of second-generation scale functions.

Keywords

Cite

@article{arxiv.1907.09993,
  title  = {A note on Parisian ruin under a hybrid observation scheme},
  author = {Mohamed Amine Lkabous},
  journal= {arXiv preprint arXiv:1907.09993},
  year   = {2019}
}