Meng, Hui; Siu, Tak Kuen; Yang, Hailiang - In: Insurance: Mathematics and Economics 53 (2013) 1, pp. 110-121
The optimal dividend problem is a classic problem in corporate finance though an early contribution to this problem can be traced back to the seminal work of an actuary, Bruno De Finetti, in the late 1950s. Nowadays, there is a leap of literature on the optimal dividend problem. However, most of...