Do Generalized Draw-down Times Lead to Better Dividends? A Pontryaghin Principle-Based Answer

Florin Avram (1) , Dan Goreac (2, 3)

1 LMAP - Laboratoire de Mathématiques et de leurs Applications [Pau]
2 PS
3 School of Mathematics and Statistics, Shandong University, Weihai, Weihai 264209, PR China

Domaines: Optimisation et contrôle [math.OC]

Florin Avram, Dan Goreac. Do Generalized Draw-down Times Lead to Better Dividends? A Pontryaghin Principle-Based Answer. IMA Journal of Mathematical Control and Information, inPress, ⟨10.1093/imamci/dnaa036⟩. ⟨hal-03013802⟩