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Ruin probabilities in models of resource management and insurance: A synthesis |
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| Authors: | Rabi Bhattacharya Mukul Majumdar |
| Affiliation: | 1. Department of Mathematics, University of Arizona, Tucson, AZ, USA;2. Department of Economics, Cornell University, Ithaca, NY, USA |
| Abstract: | |
| Keywords: | ruin probabilities renewable resource sustainable consumption invariant distributions convergence rates light tails heavy tails insurance Lindley– Spitzer process Sparre Andersen model Lundberg bound |