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We propose a model in which, in exchange to the payment of a fixed transaction cost, an insurance company can choose the retention level as well as the time at which subscribing a perpetual reinsurance contract. The surplus process of the…

Optimization and Control · Mathematics 2024-02-13 Salvatore Federico , Giorgio Ferrari , Maria-Laura Torrente

This paper focuses on linearisation techniques for a class of mixed singular/continuous control problems and ensuing algorithms. The motivation comes from (re)insurance problems with reserve-dependent premiums with Cram{\'e}r-Lundberg…

Optimization and Control · Mathematics 2022-06-22 Dan Goreac , Juan Li , Boxiang Xu

This paper studies a dynamic optimal reinsurance and dividend-payout problem for an insurance company in a finite time horizon. The goal of the company is to maximize the expected cumulative discounted dividend payouts until bankruptcy or…

Mathematical Finance · Quantitative Finance 2022-06-28 Chonghu Guan , Zuo Quan Xu , Rui Zhou

This paper establishes that the survival probability in the non-life Cram\'{e}r--Lundberg insurance model with proportional investment is a classical $C^2$-solution of the associated integro-differential equation under minimal moment…

Probability · Mathematics 2026-04-08 Platon Promyslov

This paper addresses a new class of generalized Bolza problems governed by nonconvex integro-differential inclusions with endpoint constraints on trajectories, where the integral terms are given in the general (with time-dependent…

Optimization and Control · Mathematics 2024-10-07 Abderrahim Bouach , Tahar Haddad , Boris S. Mordukhovich

A symmetric characteristic singular integral equation with two fixed singularities at the endpoints in the class of functions bounded at the ends is analyzed. It reduces to a vector Hilbert problem for a half-disc and then to a vector…

Complex Variables · Mathematics 2015-10-06 Y. A. Antipov

We extend existence and uniqueness results of [4] for nonlinear integro-differential equations of Volterra type between real locally complete vector spaces

Functional Analysis · Mathematics 2020-03-24 Thomas E. Gilsdorf , Mohammad Khavanin

We analyze the spectral properties and peculiar behavior of solutions of a damped wave equation on a finite interval with a singular damping of the form $\alpha/x$, $\alpha>0$. We establish the exponential stability of the semigroup for all…

Spectral Theory · Mathematics 2020-02-11 Pedro Freitas , Nicolas Hefti , Petr Siegl

Inverse spectral problems are studied for the second order integro-differential operators on a finite interval. Properties of spectral characteristic are established, and the uniqueness theorem is proved for this class of inverse problems.

Spectral Theory · Mathematics 2017-02-06 Vjacheslav Yurko

In this paper we make a subtle use of operator theory techniques and the well-known Schauder fixed-point principle to establish the existence of pseudo-almost automorphic solutions to some second-order damped integro-differential equations…

Analysis of PDEs · Mathematics 2014-03-25 Toka Diagana

In this article we consider the surplus process of an insurance company within the Cramer-Lundberg framework. We study the optimal reinsurance strategy and dividend distribution of an insurance company under proportional reinsurance, in…

Optimization and Control · Mathematics 2026-05-22 Zakaria Aljaberi , Asma Khedher , Mohamed Mnif

We consider the issue of solution uniqueness for portfolio optimization problem and its inverse for asset returns with a finite number of possible scenarios. The risk is assessed by deviation measures introduced by [Rockafellar et al.,…

Portfolio Management · Quantitative Finance 2020-10-09 Bogdan Grechuk , Andrzej Palczewski , Jan Palczewski

We investigate an optimal reinsurance problem for an insurance company facing a constant fixed cost when the reinsurance contract is signed. The insurer needs to optimally choose both the starting time of the reinsurance contract and the…

Mathematical Finance · Quantitative Finance 2021-01-14 Matteo Brachetta , Claudia Ceci

We consider a bivariate Cramer-Lundberg-type risk reserve process with the special feature that each insurance company agrees to cover the deficit of the other. It is assumed that the capital transfers between the companies are…

Probability · Mathematics 2015-05-05 Jevgenijs Ivanovs , Onno Boxma

The qualitative analysis of the initial value problem P related to a non linear third order parabolic equation typical of diffusive models is discussed. Some basic properties of the the fundamental solution of a related linear operator are…

Mathematical Physics · Physics 2012-03-13 M. De Angelis , A. Maio , E. Mazziotti

The exact and approximate solutions of singular integro-differential equations relating to the problems of interaction of an elastic thin finite or infinite non-homogeneous patch with a plate are considered, provided that the materials of…

Mathematical Physics · Physics 2024-05-29 Nugzar Shavlakadze , Nana Odishelidze , Francisco Criado-Aldeanueva

In this paper, we investigate existence and uniqueness of solutions of nonlinear Volterra-Fredholm impulsive integrodifferential equations. Utilizing theory of Picard operators we examine data dependence of solutions on initial conditions…

Classical Analysis and ODEs · Mathematics 2019-08-27 Pallavi U. Shikhare , Kishor D. Kucche , J. Vanterler da C. Sousa

In the classical static optimal reinsurance problem, the cost of capital for the insurer's risk exposure determined by a monetary risk measure is minimized over the class of reinsurance treaties represented by increasing Lipschitz retained…

Risk Management · Quantitative Finance 2020-12-18 Alexander Glauner

Whether the 3D incompressible Euler equations can develop a singularity in finite time from smooth initial data is one of the most challenging problems in mathematical fluid dynamics. This work attempts to provide an affirmative answer to…

Fluid Dynamics · Physics 2015-06-17 Guo Luo , Thomas Y. Hou

The classical Cramer-Lundberg model was the first attempt to describe the financial condition of the insurance company. The incomes were approximated by a steady stream of money, insurance payments were not limited and could take any value…

Probability · Mathematics 2022-02-09 B. H. Jasiulis-Gołdyn , A. Lechańska , J. K. Misiewicz
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