Sentence examples for risk theory from inspiring English sources

They also enter into insurance risk theory, which is discussed in the section Stochastic processes: Insurance risk theory.

A principal problem of insurance risk theory is to find the probability of ultimate ruin.

The ruin problem of insurance risk theory is closely related to the problem of gambler's ruin described earlier and, rather surprisingly, to the single-server queue as well.

If one imagines that the problem of gambler's ruin is modified so that Peter's opponent has an infinite amount of capital and can never be ruined, then the probability that Peter is ultimately ruined is similar to the ruin probability of insurance risk theory.

Dividend problems are hot topics in insurance risk theory.

A reliable basis for this is formed by the economic risk theory.

In this paper, after revealing the impact of uncertainties on GEP, simulating the uncertainties of fuel price, carbon dioxide (CO2) emission reduction technology and carbon price, considering high grid integration of micro-grids, a dynamic model for GEP based on Conditional Value-at-Risk theory is proposed.

To account for the competing causes we borrow ideas from classical competing risks theory when simultaneously modelling the component parts that make up the total excess mortality.

The training consisted of an introduction on the importance of providing information to the patients on risks and theory on risks communication, including the definition of a risk, an explanation of absolute and relative risks, methods of risk communication and the Self-regulation Theory and Theory of Planned Behaviour.

The model combines risk management theory in engineering and rough set theory in a very good way to process the historical data.

Risk management theory assumes the possibility of eliminating risk from portions of a balance sheet.