CramerLundberg: Constructs an object of CramerLundberg S4 class
In ruin: Simulation of Various Risk Processes

Description Usage Arguments Details Value References See Also Examples

CramerLundberg() constructs an object of CramerLundberg S4 class.

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CramerLundberg(initial_capital = NULL, premium_rate = NULL,
  claim_poisson_arrival_rate = NULL, claim_size_generator = NULL,
  claim_size_parameters = NULL)

`initial_capital`	a length one numeric non-negative vector specifying an initial capital. Default: `0`.
`premium_rate`	a length one numeric non-negative vector specifying a premium rate. Default: `1`.
`claim_poisson_arrival_rate`	a length one numeric positive vector specifying the rate of the Poisson process of claims' arrivals. Default: `1`.
`claim_size_generator`	a function indicating the random generator of claims' sizes. Default: `rexp`.
`claim_size_parameters`	a named list containing parameters for the random generator of claims' sizes. Default: `list(rate = 1)`.

The function constructs an object of a formal S4 class CramerLundberg, a representation of classical risk process defined as follows:

X(t) = u + ct - ∑_{i=1}^{N(t)} Y_i,

where u is the initial capital (initial_capital), c is the premium rate (premium_rate), N(t) is the Poisson process with intensity λ (claim_poisson_arrival_rate), Y_i are iid claim sizes (claim_size_generator and claim_size_parameters ).

An object of CramerLundberg class.

Albrecher H., Asmussen A. Ruin Probabilities. World Scientific, 2010.

CramerLundbergCapitalInjections, SparreAndersen, link{SparreAndersenCapitalInjections}.

model <- CramerLundberg(initial_capital = 10,
                        premium_rate = 1,
                        claim_poisson_arrival_rate = 1,
                        claim_size_generator = rexp,
                        claim_size_parameters = list(rate = 1))