Showing 1 - 5 of 5
Abstract In this paper, we study one-dimensional backward stochastic differential equations under logarithmic growth in the 𝑧-variable (\lvert z\rvert\sqrt{\lvert\ln\lvert z\rvert\rvert}) . We show the existence and the uniqueness of the solution when the noise is driven by a Brownian motion...
Persistent link: https://www.econbiz.de/10014591059
Summary It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a nonrenewable resource, we demonstrate that announcing a green policy, but then delaying its...
Persistent link: https://www.econbiz.de/10014609538
Purpose – The main purpose of this paper is to present an optimal economic solution for a different adaptive sampling method that is highly intuitive in its nature: the normal sampling intervals (NSI) method. Design/methodology/approach – Considering costs associated with sampling, false...
Persistent link: https://www.econbiz.de/10014800512
Purpose – Exit strategies are critical for external private equity holders, such as venture capitalists and business angels, to receive investment returns successfully. The paper models the exit decision as a fixed date with the option to exit early, and develop an approach to help private...
Persistent link: https://www.econbiz.de/10014785385
Purpose – The purpose of the paper is to present an integrated approach concerning intertemporal choices and the location of economic activity under a simple endogenous growth model. The idea is that time analysis concerning the choices about present and future consumption and the choices on...
Persistent link: https://www.econbiz.de/10015013565