Criterion of semi-Markov dependent risk model

Authors
Mo, Xiao Yun Yang, Xiang Qun
Citation
Mo, Xiao Yun et Yang, Xiang Qun, Criterion of semi-Markov dependent risk model, Acta mathematica Sinica. English series (Print) , 30(7), 2014, pp. 1273-1280
Journal title
Acta mathematica Sinica. English series (Print) → ACNP
ISSN journal
14398516
Volume
30
Issue
7
Year of publication
2014
Pages
1273 - 1280
Database
ACNP
SICI code
Abstract
A rigorous definition of semi-Markov dependent risk model is given. This model is a generalization of the Markov dependent risk model. A criterion and necessary conditions of semi-Markov dependent risk model are obtained. The results clarify relations between elements among semi-Markov dependent risk model more clear and are applicable for Markov dependent risk model.