An irreversible investment problem with maintenance expenditure on a finite horizon: free boundary analysis

DOI10.1016/j.jmaa.2016.03.048zbMath1339.93123OpenAlexW2311773083MaRDI QIDQ289517

Xiaoru Han, Fa-huai Yi

Publication date: 30 May 2016

Published in: Journal of Mathematical Analysis and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmaa.2016.03.048

zbMATH Keywords

variational inequalityfree boundary problemfinite horizonmaintenancesingular stochastic controlirreversible investment

Mathematics Subject Classification ID

Control/observation systems governed by partial differential equations (93C20) Applications of optimal control and differential games (49N90) Production theory, theory of the firm (91B38) Optimal stochastic control (93E20)

Cites Work

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