This paper presents a general model of cash management, viewed as an impulse control problem for a stochastic money ow process. Generalizing classical approaches, we represent this process by a superposition of a Brownian motion and a compound Poisson process, controlled by two-sided target-trigger
β¦ LIBER β¦
On the control of a generalized storage model
β Scribed by S. W. Woolford
- Publisher
- Springer
- Year
- 1984
- Tongue
- English
- Weight
- 785 KB
- Volume
- 44
- Category
- Article
- ISSN
- 0022-3239
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