Optimization Problems of Excess-of-Loss Reinsurance and Investment under the CEV Model

Figure 1

The surface of 𝜋^∗(𝑡,𝑠) with 𝑚=0.1, 𝜎=0.19, 𝑟=0.04, 𝜇=0.08, and 𝛽=−1/3.