Explore the optimal dividend problem in a generalized compound Poisson model. Discover the barrier strategy and conjectures for maximizing shareholder dividends. Read now!

Let Y1, Y2,⋯, be a sequence of independent, identically distributed random variables, g some symmetric 0-1 function of m variables and set Xi1⋯ im = g(Yi1 ,⋯, Yim ). Silverman and Brown (1978) have ...

In this paper a new method is developed to show that if the failure probabilities of components are very small then the reliability of the system can be approximated by a Poisson random variable. The ...