Sign in
Indicator Function and Hattendorff Theorem
Journal article

Indicator Function and Hattendorff Theorem

Hans U. Gerber, Bartholomew P.K. Leung and Elias S.W. Shiu
North American actuarial journal, Vol.7(1), pp.38-47
01/01/2003
DOI: 10.1080/10920277.2003.10596075

View Online

Abstract

This paper presents an integration-by-parts proof of the Hattendorff theorem in the general fully continuous insurance model. The proof motivates a derivation of the theorem in the general fully discrete insurance model. Increments of a martingale over disjoint time intervals are uncorrelated random variables; the paper explains that the Hattendorff theorem can be viewed as an application of this result. A notable feature of the paper is the extensive use of the indicator function.

Details

Metrics

4 Record Views