Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10010366173
Persistent link: https://www.econbiz.de/10012294138
Persistent link: https://www.econbiz.de/10011694419
Persistent link: https://www.econbiz.de/10014336614
The dual model with diffusion is appropriate for companies with continuous expenses that are offset by stochastic and irregular gains. Examples include research-based or commission-based companies. In this context, Bayraktar et al. (2013a) show that a dividend barrier strategy is optimal when...
Persistent link: https://www.econbiz.de/10011046573