%0 Journal Article
%T On Discrete Risk Process with Stochastic Premiums and Dividends Modulated by Random Discount Rates
%A Enoch J. Dangbe
%A Andrzej Korzeniowski
%J Journal of Mathematical Finance
%P 397-416
%@ 2162-2442
%D 2024
%I Scientific Research Publishing
%R 10.4236/jmf.2024.144023
%X We extend the discrete time risk model studied by Korzeniowski [1] [2] via incorporating the effect of dividend payments subject to random discount factor. By applying generating functions technique, effective recursive formulas for the total expected discounted dividends prior to ruin are derived. Results are illustrated by examples representing various surplus process risk scenarios.
%K Discrete Time Surplus Process
%K Random Premiums
%K Constant Dividend Barrier
%K Random Discount Factor
%K Total Expected Discounted Dividends Prior to Ruin
%K Generating Function Method
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=137703