Optimal reinsurance and investment problem under fractional power utility function

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building INTELEK Repository
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collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2020-09-02 12:50:44
eventvenue Michigan, USA
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id 8422
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originalfilename 1821-01-FH03-FIK-20-42150.pdf
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spelling 8422 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=8422 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Conference Conference Paper application/pdf 10 1.6 Adobe Acrobat Pro DC 20 Paper Capture Plug-in helpdeskadm 2020-09-02 12:50:44 1821-01-FH03-FIK-20-42150.pdf 52 UniSZA Private Access Optimal reinsurance and investment problem under fractional power utility function This paper discusses the optimal problem of reinsurance and investment for insurance companies with a fractional power utility function. Insurance companies can buy reinsurance contracts and invest their wealth in risk-free or riskfree financial securities. It is assumed that the insurance company surplus process is estimated using Brownian motion. The aim of the insurance company is to seek optimal reinsurance and investment strategies by maximizing expected utility expectations from the final wealth. The explicit form for the optimal strategy is determined by the stochastic optimal control theory approach, which uses the Hamilton Jacobi Bellman equations. 1-10 5th North American International Conference on Industrial Engineering and Operations Management Michigan, USA
spellingShingle Optimal reinsurance and investment problem under fractional power utility function
subject 52
summary This paper discusses the optimal problem of reinsurance and investment for insurance companies with a fractional power utility function. Insurance companies can buy reinsurance contracts and invest their wealth in risk-free or riskfree financial securities. It is assumed that the insurance company surplus process is estimated using Brownian motion. The aim of the insurance company is to seek optimal reinsurance and investment strategies by maximizing expected utility expectations from the final wealth. The explicit form for the optimal strategy is determined by the stochastic optimal control theory approach, which uses the Hamilton Jacobi Bellman equations.
title Optimal reinsurance and investment problem under fractional power utility function
title_full Optimal reinsurance and investment problem under fractional power utility function
title_fullStr Optimal reinsurance and investment problem under fractional power utility function
title_full_unstemmed Optimal reinsurance and investment problem under fractional power utility function
title_short Optimal reinsurance and investment problem under fractional power utility function
title_sort optimal reinsurance and investment problem under fractional power utility function