Optimal dividends under a drawdown constraint and a curious square-root rule
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Publication:2697497
DOI10.1007/s00780-023-00500-6OpenAlexW4360824175MaRDI QIDQ2697497
Nora Muler, Pablo Azcue, Hansjoerg Albrecher
Publication date: 12 April 2023
Published in: Finance and Stochastics (Search for Journal in Brave)
Full work available at URL: https://arxiv.org/abs/2206.12220
Optimal stochastic control (93E20) Viscosity solutions to Hamilton-Jacobi equations in optimal control and differential games (49L25) Corporate finance (dividends, real options, etc.) (91G50)
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