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The tax identity in risk theory -- a simple proof and an extension

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Author Info
Albrecher, Hansjörg
Borst, Sem
Boxma, Onno
Resing, Jacques
Abstract

By linking queueing concepts with risk theory, we give a simple and insightful proof of the tax identity in the Cramér-Lundberg model that was recently derived in Albrecher & Hipp [Albrecher, H., Hipp, C., 2007. Lundberg's risk process with tax. Blätter der DGVFM 28 (1), 13-28], and extend the identity to arbitrary surplus-dependent tax rates.

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File URL: http://www.sciencedirect.com/science/article/B6V8N-4SGD4MJ-2/2/f440044da596cdc914e391b49c638fee
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Publisher Info
Article provided by Elsevier in its journal Insurance: Mathematics and Economics.

Volume (Year): 44 (2009)
Issue (Month): 2 (April)
Pages: 304-306
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Handle: RePEc:eee:insuma:v:44:y:2009:i:2:p:304-306

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Web page: http://www.elsevier.com/locate/inca/505554

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Related research
Keywords: Compound Poisson model Insurance risk Survival probability Maximum workload Tax payments;

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This page was last updated on 2009-12-3.


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