Search Results - subject:"Closed‑form solution"

Optimal dividends with debts and nonlinear insurance risk processes

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...

Persistent link: https://www.econbiz.de/10010681881

New solvable stochastic volatility models for pricing volatility derivatives

Itkin, Andrey - In: Review of derivatives research 16 (2013) 2, pp. 111-134

Persistent link: https://www.econbiz.de/10009774404

Notes on an endogenous growth model with two capital stocks II: The stochastic case

Bethmann, Dirk - 2005

This paper extends the class of stochastic AK growth models with a closed-form solution to the case where there are two …

Persistent link: https://www.econbiz.de/10010263599

Notes on an Endogenous Growth Model with two Capital Stocks II: The Stochastic Case

Bethmann, Dirk - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2005

This paper extends the class of stochastic AK growth models with a closed-form solution to the case where there are two …

Persistent link: https://www.econbiz.de/10005677919

Population dynamics and utilitarian criteria in the Lucas–Uzawa Model

Marsiglio, Simone; La Torre, Davide - In: Economic Modelling 29 (2012) 4, pp. 1197-1204

state growth rate of population is null, as in the case of logistic population growth. Then, we show that a closed-form … solution for the transitional dynamics of the economy (both in the case population dynamics is deterministic and stochastic …

Persistent link: https://www.econbiz.de/10010577088

Eye‐hand‐workspace calibration using laser pointer projection on plane surface

Hu, Jwu‐Sheng; Chang, Yung‐Jung - In: Industrial Robot: An International Journal 39 (2012) 2, pp. 197-207

is calibrated in advance. As a result, a decoupled multi‐stage closed‐form solution can be derived based on parallel line … constraints, line/plane intersection and projective geometry. The closed‐form solution can be further refined by nonlinear …

Persistent link: https://www.econbiz.de/10014832139

Population dynamics and utilitarian criteria in the Lucas-Uzawa Model

Marsiglio, Simone; La Torre, Davide - In: Economic modelling 29 (2012) 4, pp. 1197-1204

Persistent link: https://www.econbiz.de/10009667405

QUASI-GEOMETRIC DISCOUNTING: A CLOSED-FORM SOLUTION UNDER THE EXPONENTIAL UTILITY FUNCTION

Maliar, Lilia; Maliar, Serguei - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2003

-geometric consumer admits a closed-form solution. …

Persistent link: https://www.econbiz.de/10005212554

Pricing swaps and options on quadratic variation under stochastic time change models—discrete observations case

Itkin, Andrey; Carr, Peter - In: Review of Derivatives Research 13 (2010) 2, pp. 141-176

Persistent link: https://www.econbiz.de/10008526467

A closed-form solution to the Ramsey model with logistic population growth

Guerrini, Luca - In: Economic Modelling 27 (2010) 5, pp. 1178-1182

optimal path to be non-monotonic over time. Moreover, we derive a closed-form solution for the case where capital's share is …

Persistent link: https://www.econbiz.de/10008866311