The paper concerns the problem how to purchase the reinsurance in order to make the insurer and the reinsurance company＇s total risk to be least under the expected value principle. When the insurer and reinsurance co...The paper concerns the problem how to purchase the reinsurance in order to make the insurer and the reinsurance company＇s total risk to be least under the expected value principle. When the insurer and reinsurance company take arbitrary risk measures, sufficient con- ditions for optimality of reinsurance contract are given within the restricted class of admissible contracts. Further, the explicit forms of optimal reinsurance contract under several special risk measures are given, and the method to decide parameters as well.展开更多
The development of a two dimensional numerical wave tank （NWT） with a rocker or piston type wavemaker based on the high order boundary element method （BEM） and mixed Eulerian-Lagrangian （MEL） is examined. The ca...The development of a two dimensional numerical wave tank （NWT） with a rocker or piston type wavemaker based on the high order boundary element method （BEM） and mixed Eulerian-Lagrangian （MEL） is examined. The cauchy principle value （CPV） integral is calculated by a special Gauss type quadrature and a change of variable. In addition the explicit truncated Taylor expansion formula is employed in the time-stepping process. A modified double nodes method is assumed to tackle the comer problem, as well as the damping zone technique is used to absorb the propagation of the free surface wave at the end of the tank. A variety of waves are generated by the NWT, for example; a monochromatic wave, solitary wave and irregular wave. The results confirm the NWT model is efficient and stable.展开更多
This paper discusses optimal reinsurance strategy by minimizing insurer's risk under one general risk measure:Distortion risk measure.The authors assume that the reinsurance premium is determined by the expected v...This paper discusses optimal reinsurance strategy by minimizing insurer's risk under one general risk measure:Distortion risk measure.The authors assume that the reinsurance premium is determined by the expected value premium principle and the retained loss of the insurer is an increasing function of the initial loss.An explicit solution of the insurer's optimal reinsurance problem is obtained.The optimal strategies for some special distortion risk measures,such as value-at-risk(VaR) and tail value-at-risk(TVaR),are also investigated.展开更多
In this paper, we are concerned with the symmetric positive solutions of a 2n-order boundary value problems on time scales. By using induction principle,the symmetric form of the Green＇s function is established. In o...In this paper, we are concerned with the symmetric positive solutions of a 2n-order boundary value problems on time scales. By using induction principle,the symmetric form of the Green＇s function is established. In order to construct a necessary and sufficient condition for the existence result, the method of iterative technique will be used. As an application, an example is given to illustrate our main result.展开更多
文摘The paper concerns the problem how to purchase the reinsurance in order to make the insurer and the reinsurance company＇s total risk to be least under the expected value principle. When the insurer and reinsurance company take arbitrary risk measures, sufficient con- ditions for optimality of reinsurance contract are given within the restricted class of admissible contracts. Further, the explicit forms of optimal reinsurance contract under several special risk measures are given, and the method to decide parameters as well.
基金Foundation item： Supported by the National Natural Science Foundation of China （Grant No.51009038/E091002）.
文摘The development of a two dimensional numerical wave tank （NWT） with a rocker or piston type wavemaker based on the high order boundary element method （BEM） and mixed Eulerian-Lagrangian （MEL） is examined. The cauchy principle value （CPV） integral is calculated by a special Gauss type quadrature and a change of variable. In addition the explicit truncated Taylor expansion formula is employed in the time-stepping process. A modified double nodes method is assumed to tackle the comer problem, as well as the damping zone technique is used to absorb the propagation of the free surface wave at the end of the tank. A variety of waves are generated by the NWT, for example; a monochromatic wave, solitary wave and irregular wave. The results confirm the NWT model is efficient and stable.
基金Zheng's research was supported by the Program of National Natural Science Foundation of Youth of China under Grant No.11201012 and PHR201007125Yang's research was supported by the Key Program of National Natural Science Foundation of China under Grant No.11131002the National Natural Science Foundation of China under Grant No.11271033
文摘This paper discusses optimal reinsurance strategy by minimizing insurer's risk under one general risk measure:Distortion risk measure.The authors assume that the reinsurance premium is determined by the expected value premium principle and the retained loss of the insurer is an increasing function of the initial loss.An explicit solution of the insurer's optimal reinsurance problem is obtained.The optimal strategies for some special distortion risk measures,such as value-at-risk(VaR) and tail value-at-risk(TVaR),are also investigated.
基金Supported by NNSF of China(11201213,11371183)NSF of Shandong Province(ZR2010AM022,ZR2013AM004)+2 种基金the Project of Shandong Provincial Higher Educational Science and Technology(J15LI07)the Project of Ludong University High-Quality Curriculum(20130345)the Teaching Reform Project of Ludong University in 2014(20140405)
文摘In this paper, we are concerned with the symmetric positive solutions of a 2n-order boundary value problems on time scales. By using induction principle,the symmetric form of the Green＇s function is established. In order to construct a necessary and sufficient condition for the existence result, the method of iterative technique will be used. As an application, an example is given to illustrate our main result.
