A class of solvable stochastic dividend optimization problems: on the general impact of flexibility on valuation

DOI10.1007/s00199-005-0627-4zbMath1136.91411OpenAlexW2081845577MaRDI QIDQ2494021

Luis H. R. Alvarez, Jukka T. Virtanen

Publication date: 16 June 2006

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: http://www.utupub.fi/handle/10024/113605

zbMATH Keywords

Cash flow uncertaintyLiquidationOptimal dividendsStochastic impulse and singular control.

Mathematics Subject Classification ID

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