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Persistent link: https://www.econbiz.de/10010227876
In this paper we consider a modified version of the classical optimal dividend problem taking into account both expected dividends and the time value of ruin. We assume that the risk process is modeled by a general spectrally positive Lévy process before dividends are deducted. Using the...
Persistent link: https://www.econbiz.de/10010719097