A Class of Non-Stationary Reward Processes with Applications to Pension Accumulation

DOI10.1080/03461238.1993.10413914zbMath0783.62087OpenAlexW1982029704MaRDI QIDQ3142175

Izzet Sahin

Publication date: 5 April 1994

Published in: Scandinavian Actuarial Journal (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/03461238.1993.10413914

zbMATH Keywords

momentsdistributionsnonstationary generalizations of renewal reward processessojourn time problemsU.S. private pension systemwork life pension benefits

Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Markov renewal processes, semi-Markov processes (60K15) Applications of Markov renewal processes (reliability, queueing networks, etc.) (60K20)

Related Items (2)

A realistic non-homogeneous stochastic pension fund model on scenario basis ⋮ Transient results for a high demand CCRC model

Cites Work

• Unnamed Item
• A stochastic theory of pension dynamics
• Calculation of the cost of warranty policies as a function of estimated life distributions
• Cumulative constrained sojourn times in semi-Markov processes with an application to pensionable service

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