The dual risk model under a mixed ratcheting and periodic dividend strategy

A Lévy risk model with ratcheting and barrier dividend strategies

“…We believe that the ratcheting strategy represents another subclass of constrained dividend strategies (other than the threshold dividend strategies) that is comparatively more acceptable in the community of practitioners. After that, there are some recent papers on ratcheting dividend strategy for different risk models, such as Albrecher et al [1], Albrecher et al [2], Zhang and Liu [20] and Song and Sun [15].…”