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• W2046475498 abstract "A diffusion approximation is constructed for an insurance risk model which was considered by Embrechts and Schmidli [8], where the company is allowed to borrow money if needed and to invest money for large surpluses. Besides the weak convergence of a sequence of such processes to a diffusion, the convergence of the finite- and infinite-time ruin probabilities is shown. The ruin probabilities of the diffusion are calculated and, for two examples, compared with the exact values. The convergence of the corresponding infinite-time ruin probabilities for a diffusion approximation for the classical process is also shown" @default.
• W2046475498 created "2016-06-24" @default.
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• W2046475498 date "1994-01-01" @default.
• W2046475498 modified "2023-10-12" @default.
• W2046475498 title "Diffusion approximations for a risk process with the possibility of borrowing and investment" @default.
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• W2046475498 doi "https://doi.org/10.1080/15326349408807300" @default.
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