For engineers, the question of whether to store information in analog or discrete form is easy to answer. Discrete data storage has clear advantages, not least of which is that it is much more robust ...

We consider a discrete-time risk process driven by proportional reinsurance and an interest rate process. We assume that the interest rate process behaves as a Markov chain. To reduce the risk of ruin ...

Discrete Mathematics is a subject that has gained prominence in recent times. Unlike regular Maths, where we deal with real numbers that vary continuously, Discrete Mathematics deals with logic that ...