Optimal Dividend Policy In Discrete Time

A problem of optimal dividend policy for a firm with a bank loan is considered. A regularity of a value function is established. A numerical example of calculating value function is given

Bibliographic Details
Main Authors: Marciniak Ewa, Trybuła Jakub
Format: Article
Language:English
Published: De Gruyter 2014-03-01
Series:Demonstratio Mathematica
Subjects:
Online Access:http://www.degruyter.com/view/j/dema.2014.47.issue-1/dema-2014-0020/dema-2014-0020.xml?format=INT