Browsing Department of Mathematics by Subject "Optimal dividends"
Now showing items 1-2 of 2
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Optimal dividend policies for a class of growth-restricted di usion processes under transaction costs and solvency constraints
(Peer reviewed; Journal article, 2012)In this paper, we consider a company where surplus follows a rather general di usion process and whose objective is to maximize expected discounted dividend payments. With each dividend payment there are transaction costs ... -
Optimal dividend policies with transaction costs for a class of jump-diffusion processes
(Peer reviewed; Journal article, 2012)This paper addresses the problem of finding an optimal dividend policy for a class of jump-diffusion processes. The jump component is a compound Poisson process with negative jumps, and the drift and diffusion components ...