English

Tail Asymptotics of Random Sum and Maximum of Log-Normal Risks

Probability 2014-10-08 v1

Abstract

In this paper we derive the asymptotic behaviour of the survival function of both random sum and random maximum of log-normal risks. As for the case of finite sum and maximum investigated in Asmussen and Rojas-Nandaypa (2008) also for the more general setup of random sums and random maximum the principle of a single big jump holds. We investigate both the log-normal sequences and some related dependence structures motivated by stationary Gaussian sequences.

Keywords

Cite

@article{arxiv.1401.4614,
  title  = {Tail Asymptotics of Random Sum and Maximum of Log-Normal Risks},
  author = {Enkelejd Hashorva and Dominik Kortschak},
  journal= {arXiv preprint arXiv:1401.4614},
  year   = {2014}
}