In this paper we consider Lévy processes without negative jumps, reflected at the origin. Feedback information about the level of the Lévy process ('workload level') may lead to adaptation of the Lévy ...

For a spectrally negative Lévy process X, killed according to a rate that is a function ω of its position, we complement the recent findings of [12] by analysing (in greater generality) the exit ...

Ruin probability quantifies the risk that an insurer or financial institution’s liabilities may exceed its assets, ultimately leading to insolvency. Recent advancements in risk management have ...

Stochastic differential equations (SDEs) provide a foundational framework for modelling systems subject to randomness, incorporating both continuous fluctuations and abrupt changes. In recent decades ...

Your issue of Feb. 1 carried a letter from me urging support for an Edmonds School District Technology/Capital Levy that will be on the May 20, 2008, ballot. I stated that this levy is not only ...