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Article

Precise Large Deviations for Subexponential Distributions in a Multi Risk Model

Department of Mathematics, University of the Aegean, Karlovassi, GR-83 200 Samos, Greece
Received: 6 February 2018 / Revised: 23 March 2018 / Accepted: 24 March 2018 / Published: 27 March 2018
(This article belongs to the Special Issue Heavy Tailed Distributions in Economics)
The precise large deviations asymptotics for the sums of independent identical random variables when the distribution of the summand belongs to the class S of heavy tailed distributions is studied. Under mild conditions, we extend the previous results from the paper Denisov et al. (2010) to asymptotics that are valid uniformly over some time interval. Finally, we apply the main result on the multi-risk model introduced by Wang and Wang (2007). View Full-Text
Keywords: heavy tails; large deviations; multi-risk model heavy tails; large deviations; multi-risk model
MDPI and ACS Style

Konstantinides, D.G. Precise Large Deviations for Subexponential Distributions in a Multi Risk Model. Risks 2018, 6, 27. https://0-doi-org.brum.beds.ac.uk/10.3390/risks6020027

AMA Style

Konstantinides DG. Precise Large Deviations for Subexponential Distributions in a Multi Risk Model. Risks. 2018; 6(2):27. https://0-doi-org.brum.beds.ac.uk/10.3390/risks6020027

Chicago/Turabian Style

Konstantinides, Dimitrios G. 2018. "Precise Large Deviations for Subexponential Distributions in a Multi Risk Model" Risks 6, no. 2: 27. https://0-doi-org.brum.beds.ac.uk/10.3390/risks6020027

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