Cogger, K. O.; Joy, O. M.; Ruland, W.; Yu, P. L. - In: Management Science 29 (1983) 9, pp. 1027-1036
A probabilistic investment model is formulated as a Wiener process with a barrier. A planning horizon, targeted rate of return, discount rate, and the mean and variance rate of return are the important parameters in the model. Sensitivity analyses are studied. Several significant statements can...