• Title of article

    Optimal financing and dividend control in the dual model

  • Author/Authors

    Dai، نويسنده , , Hongshuai and Liu، نويسنده , , Zaiming، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2011
  • Pages
    8
  • From page
    1921
  • To page
    1928
  • Abstract
    In this paper, we study the optimal financing and dividend control in the dual model. Under some constraints, we firstly construct two categories of suboptimal models and identify the value functions and the optimal policies corresponding to these two categories of suboptimal models. Finally we identify the value function and present an optimal policy corresponding to the general optimal model.
  • Keywords
    Dual model , Optimal dividend control , Hamilton–Jacobi–Bellman equation , Optimal financing control
  • Journal title
    Mathematical and Computer Modelling
  • Serial Year
    2011
  • Journal title
    Mathematical and Computer Modelling
  • Record number

    1597813