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A Diffusion Model for Optimal Dividend Distribution for a Company with Constraints on Risk Control

โœ Scribed by Choulli, Tahir; Taksar, Michael; Zhou, Xun Yu


Book ID
115461407
Publisher
Society for Industrial and Applied Mathematics
Year
2003
Tongue
English
Weight
338 KB
Volume
41
Category
Article
ISSN
0363-0129

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Optimal risk and dividend control for a
โœ Michael I. Taksar; Xun Yu Zhou ๐Ÿ“‚ Article ๐Ÿ“… 1998 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 897 KB

We consider a model of a corporation, which can choose a production/business policy among an available set of control policies with different expected profits and associated risks. In addition, there is a choice of the amount of dividends to be paid out to the shareholders. Notwithstanding any polic