Dai, Hongshuai; Liu, Zaiming; Luan, Nana - In: Mathematical Methods of Operations Research 72 (2010) 1, pp. 129-143
We study three types of practical optimization problems faced by a firm that can control its liquid reserves by paying dividends and by issuing new equity. In the first problem, we consider the classical dividend problem without equity issuance. The second problem aims at maximizing the expected...
