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Multiple Decrement Models

F. Etienne De Vylder

Chapter Chapter 14 in Life Insurance Theory, 1997, pp 115-132 from Springer

Abstract: Abstract A graph is a finite number of states 0, 1, 2, ... connected by arrows. At each moment τ≥0, exactly one state is active. We denote by Sτ the state which is active at τ. An arrow from state α to state β indicates that a transition from state α to state β can occur at some moment. Such an arrow can exist if α

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4757-2616-9_14

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DOI: 10.1007/978-1-4757-2616-9_14

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