The Finite Horizon Case
Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost: The Finite Horizon Case
... An interesting question is whether the optimal selling price is a nonincreasing function of the initial inventory level, as is the case for a similar model with no fixed cost; see Federgr[r] ...
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Opportunistic Beamforming for Finite Horizon Multicast
... the finite horizon opportunistic mul- ticast beamforming ...infinite horizon problem, it is possible to exploit opportunistic gain very aggressively, since lagging receivers have an infinite amount ...
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Opportunistic Finite Horizon Multicasting of Erasure-coded Data
... The finite horizon multicast problem is inherently more complex than the infinite horizon ...the finite horizon case depends on the amount of data received thus ...in case ...
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Ruin probabilities in a finite-horizon risk model with investment and reinsurance
... 1 Introduction We consider an insurance risk/reserve process which can be controlled by reinsurance and investment in the financial market, and we study the ruin probability problem in the finite horizon ...
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Finite horizon consumption and portfolio decisions with stochastic hyperbolic discounting
... with finite investment horizon using the dynamic programming approach of Karp ...infinite horizon and stochastic hyper- bolic ...the finite horizon case, we can easily extend our ...
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Discounted Optimal Stopping for Maxima in Diffusion Models with Finite Horizon
... the finite horizon case (see also [3] for a numeric algorithm for solving the corresponding free-boundary problem and [5] for a study of asymptotic behavior of the optimal stopping boundary near ...
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The dividend problem with a finite horizon
... as ε → 0. Consequently, we also have the inequality v ≤ V , and the strategy D a is optimal. R EMARK . As noted above, the inequality V ≥ x always holds. Moreover, if μ ≤ 0, then actually V = x , and the optimal strategy ...
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Finite Horizon, Externalities, and Growth
... special case, thus helps understanding the differences in results between finite-horizon overlapping-generations and infinitely-lived agents ...
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Finite horizon bargaining and the consistent field
... All these results indicate that we can attach significance to the dynamic proper- ties of the consistent field both on cooperative and noncooperative theory grounds, and therefore we conclude that it is a vector field ...
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Finite Horizon Opportunistic Multicast Beamforming
... of the simulation runs. This happens in scenarios where all receivers are distributed quite close to the BS and thus all receivers have a relatively homogeneous good average channel quality. When receivers are ...
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Finite horizon analysis of Markov automata
... are represented by the same colour. If a user requests a read /write access to a chunk, the file system first asks a master server which stores the addresses of all individual chunks. Afterwards, the data is transferred ...
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Parisian ruin over a finite-time horizon
... 3.2. Exact asymptotics. The problem of finding the exact asymptotics of P S (u, T u ) needs much more precise analysis. Next, we discuss the case that T u is sufficiently small, tending to 0 as u → ∞ . Theorem ...
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Limit Solutions for Finite Horizon Bargaining Problems
... This outcome could be different from the one with an immediate dead line, i.e., when there is time for a single offer only. It is quite natural to assume that this outcome is independent of r, given our continuity ...
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Consumption and Habit Formation when Time Horizon is Finite
... 4 Conclusion In this paper I have extended the results of Alessie and Lusardi (1997) and Guariglia and Rossi (2002) and I have shown that, using a simple model of habit formation, it is possible to derive an explicit ...
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Communications in Mobile Wireless Networks: A Finite Time-Horizon Viewpoint
... localization case studies (for mobile users and unmanned aerial vehicles, respectively) are presented to corrobo- rate the effectiveness of the prior-cut algorithm in dealing with asynchronous communications and ...
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A multidimensional singular stochastic control problem on a finite time horizon
... this case, if the running cost is convex, the optimal control makes the underlying process a reflected diffusion at the boundary of the so-called nonaction region ...the case of a diffusion with ...
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Solving finite time horizon Dynkin games by optimal switching
... time horizon We suppose in this section and the next that there exists a standard Brownian motion B = (B t ) t≥0 defined on (, F , P), and furthermore that F = (F t ) t≥0 is the completed natural filtration of ...
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Adaptive Modulation for Finite Horizon Multicasting of Erasure-coded Data
... 2 C HAPTER 1. I NTRODUCTION for the case of multicasting very large files. In practice, however, multicasting data with a size on the order of hundreds to several thousands of packets much more common, partic- ...
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An Optimal Dividend Problem with Capital Injections over a Finite Horizon
... A FINITE HORIZON GIORGIO FERRARI, PATRICK SCHUHMANN ...a finite time ...a case study in which instantaneous marginal profits and costs from dividends and capital injections are constants ...
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Risk averse asymptotics in a Black-Scholes market on a finite time horizon
... from dynamic programming. In the paper by Karatzas et al. duality methods were used and they were able to give some representation formulas for the optimal investment process, as well as for the optimal consumption ...
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