Article title: On a discrete-time risk model with time-dependent claims and impulsive dividend payments
Authors: Lianzeng Zhang and He Liu
Journal: Scandinavian Actuarial Journal
DOI: http://dx.doi.org/10.1080/03461238.2020.1726808
The authors regret to inform the reader that the structural form of has to be adjusted. For , the identity does not hold, and should be treated in the following manner. Since for , it follows from (10) that , . Hence, formula (15) should read (15) (15)
Analogously, by noticing the identity , , formula (40) should read (40) (40)
Under the above-mentioned modifications, it happens that the numerical results for 's and remain unchanged, while the numerical results for 's and are different from the original. As the values of in Figures 1(a), 2(a) and 3(a) change slightly, the corresponding observations are still valid. However, the numerical results in Figure 4(a) change a lot (see and Figure below). It is shown that a larger value of b corresponds to a larger expected time of ruin, when a is fixed.