This thesis considers one of the classical problems in the actuarial mathematics literature, the decay of the probability of ruin in the collective risk model. The
claim number process N(t) is assumed to be a renewal process, the resulting model
being referred as the Sparre Andersen risk model. The inter-claim...
This thesis consists of three subsequent parts addressing the applications of stochastic
processes to the analysis and solutions of parabolic equations with discontinuous coefficients
that are of mathematical interest.
The first two parts consist of three manuscripts, in which we analyze solutions
of Fickian convection dispersion equations with discontinuous coefficients...
An insurance company, having an initial capital u, receives premiums continuously and pays claims of random sizes at random times. A classical result states that if the rate of premium, c, exceeds the average of the claims paid per unit time, ⋋μ, then the ruin probability decays exponentially fast as...
In the 1954 John Nash [1] showed, through use of an iterative scheme of approximate embedding maps, that the sphere S² could be isometrically embedded into a ball of any radius by a C¹ map. In the 1980's M. Gromov [2] generalized Nash's work to the h-principal and convex integration....
Fish mobility affects the distribution of commercially caught fish species in marine protected areas (MPAs) and unprotected areas, which we will call fishing grounds (FGs). Previous theoretical findings predicted that highly mobile fish would benefit little if at all from protection in MPAs (Demartini 1993, Walters et al. 1999). However,...
An analytical model is developed to address the question of how different disturbance
regimes affect the mean and variance of landscape carbon storage in forest ecosystems. Total landscape carbon is divided into five pools based on the processes from which they are derived and based on their temporal dynamics. Formulae...
In "Level Number Sequences for Trees" Flagotet and Prodinger investigate the problem of counting the number of level number sequences associated to binary trees of $n$ binary nodes. I convert this problem into terms of exterior nodes or "leaves" and leaf number sequences. "Polynomial representation" is then defined to address...
In this paper, we derive the fundamental solution to the heat equation with a discontinuous diffusion coefficient in the free space, with an absorbing boundary, and with a reflecting boundary. We use the fundamental solution with an absorbing boundary to make connections with the transition probability density of absorbed Skew...
In this dissertation, we study two risk models. First, we consider the dual risk process which models the surplus of a company that incurs expenses at a constant rate and earns random positive gains at random times. When the surplus is invested in a risky asset following a geometric Brownian...
The flow of incompressible, viscous fluids in R³ is governed by the non-linear Navier-Stokes equations. Two common linearizations of the Navier-Stokes equations, the Stokes equations and the Oseen equations, are studied in this thesis using probabilistic methods.
The incompressibility condition presents new challenges for the well known theory relating partial...