no code implementations • 22 Sep 2023 • Kira Henshaw, Jorge M. Ramirez, José M. Flores-Contró, Enrique A. Thomann, Sooie-Hoe Loke, Corina Constantinescu
To overcome this, we propose a recursive method for deriving a closed-form solution of the integro-differential equation associated with the infinitesimal generator of the insured process and provide a numerical estimation method for obtaining the trapping probability.
