Optimal Dividend Policy when Cash Reserves Follow a Jump-Diffusion Process Under Markov-Regime Switching.

Published in: J. Appl. Probab. (2015)

Keyphrases

asymptotically optimal
allocation policy
dynamic programming
markov chain
neural network
jump diffusion process
markov decision
state dependent
expected cost
optimal strategy
optimal policy
data sets
markov model
closed form
sufficient conditions
policy makers
worst case
optimal solution
objective function