Lock and no-lock mortgage plans: Is it only a matter of risk shifting?

DOI10.1016/0167-6377(91)90064-VzbMath0734.90013OpenAlexW2061636306MaRDI QIDQ811315

Hanoch Levy, Anat Levy

Publication date: 1991

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0167-6377(91)90064-v

zbMATH Keywords

queueing modellock planMortgage pricesno-lock planoptimal pricing policy

Mathematics Subject Classification ID

Queues and service in operations research (90B22) Microeconomic theory (price theory and economic markets) (91B24) Dynamic programming (90C39) Markov and semi-Markov decision processes (90C40)

Cites Work

• Unnamed Item
• Technical Note—An Equivalence Between Continuous and Discrete Time Markov Decision Processes
• Optimal Dynamic Pricing Policies for an M/M/s Queue
• Applying a New Device in the Optimization of Exponential Queuing Systems
• Conditions for optimality in dynamic programming and for the limit of n-stage optimal policies to be optimal
• Optimal Pricing for an Unbounded Queue
• The Regulation of Queue Size by Levying Tolls
• Semi-Markov Decision Processes with Unbounded Rewards

This page was built for publication: Lock and no-lock mortgage plans: Is it only a matter of risk shifting?