We analyze the location of p facilities satisfying continuous area demand. Three objectives are considered: (i) the p-center objective (to minimize the maximum distance between all points in the area and their closest facility), (ii) equalizing the load service by the facilities, and (iii) the...

In this paper, we introduce a valuation model of callable warrants under a setting of the optimal stopping problem between the holder (investor) and the issuer (firm). A warrant is the right to purchase new shares at a predetermined price. When the new stocks are issued, the value of the stock...

In this paper we consider a dynamic pricing model for a firm knowing that a competitor adopts a static pricing strategy. We establish a continuous time model to analyze the effect of dynamic pricing on the improvement in expected revenue in the duopoly. We assume that customers arrive to...