A diffusion process model for the optimal investment strategies of an R & D project
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Publication:3882174
DOI10.2307/3212958zbMath0439.90045OpenAlexW4255201046MaRDI QIDQ3882174
Publication date: 1980
Published in: Journal of Applied Probability (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/3212958
optimal controldiffusion approximationfinanceresearch and developmentoptimal investment strategiessecond order non-linear differential equationdiffusion process modeldiscounted return criterionchanging project statusnon-homogeneous comound Poisson processR \& D project
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