We solve an infinite time-horizon bounded-variation stochastic control problem with regime switching between N states …

total expected costs of holding debt and of debt's reduction policies. We model this problem as a singular stochastic … control problem under partial observation. The contribution of the paper is twofold. Firstly, we provide a general formulation …

We study a class of infinite-dimensional singular stochastic control problems with applications in economic theory and …

-dimensional bounded-variation stochastic control problem. Its characteristic is that the mean-reversion level of the diffusive in ation …

expected proportional costs of installation. This problem is modeled as a two-dimensional degenerate singular stochastic … control problem in which the installation strategy is identified as the company's control variable. We follow a guess …

premia, which take into account risk fluctuations. Using stochastic control theory based on the Hamilton …

We consider de Finetti's stochastic control problem when the (controlled) process is allowed to spend time under the …