Browsing Faculty of Science & Technology (FST) by Author "Ndekele, Erastus K."
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Determination of minimum initial capital using the Cramer-L undberg model and discrete time Bisection Ruin model
Ndekele, Erastus K. (University of Nairobi, 2015)The dissertation uses the classical Cramer-Lundberg model to find the minimum initial capital (MIC) required by a hypothetical insurance company in launching a new product line, or, for investors wishing to open a new ...