Hiring and firing optimally in a large corporation

DOI10.1016/0165-1889(96)00913-XzbMATH Open0875.90265OpenAlexW2152823107MaRDI QIDQ671536FDOQ671536

Authors: Larry Shepp, Albert N. Shiryaev 

Publication date: 27 February 1997

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(96)00913-x

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zbMATH Keywords

Wiener processesCorporate policyEconomics modelling

Mathematics Subject Classification ID

Theory of organizations, manpower planning in operations research (90B70)

Cites Work

• Title not available (Why is that?)
• Risk vs. profit potential:

Cited In (6)

• Optimal capital accumulation under price uncertainty and costly reversibility
• Optimal employment strategies of profit-maximizing and labour-managed firms
• The effects of implementation delay on decision-making under uncertainty
• Exercising control when confronted by a (Brownian) spider
• A constrained non-linear regular-singular stochastic control problem, with applications.
• A class of solvable singular stochastic control problems

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