Browsing by Subject "Stochastic Optimal Control"

Now showing items 1-2 of 2

    • On Steady Dividend Payment under Functional Mean Reversion Speed 

      Mtunya, Adeline Peter; Ngare, Philip; Nkansah-Gyekye, Yaw (Scientific Research Publishing Inc, 2016)
      We study how firms’ management can ensure steady dividend growth and payout to the shareholders in an emerging market. We create the dividend equalization reserve account whereby during high profit some amount of money ...

    • Optimal Investment Strategy under Stochastic Interest Rates 

      Mtunya, Adeline Peter; Ngare, Philip; Nkansah-Gyekye, Yaw (Scientific Research Publishing, 2017)
      We study how firms’ management can make effective investment decision under the influence of random interest rates. We define the threshold interest rate value below which investment can be effectively done and above ...