In this paper, we consider a spectrally negative Lévy risk process with periodic barrier
dividend strategy. We assume that the inter-dividend-decision times follow generalized …

This paper revisits the optimal capital structure model with endogenous bankruptcy, first
studied by Leland (J. Finance 49: 1213–1252, 1994) and Leland and Toft (J. Finance 51 …

We consider the Lévy model of the perpetual American call and put options with a negative
discount rate under Poisson observations. Similar to the continuous observation case, the …

Given a spectrally-negative Lévy process and independent Poisson observation times, we
consider a periodic barrier strategy that pushes the process down to a certain level …

Inspired by the work of Zhang and Han (2017), this paper investigates a dual model with
diffusion where dividends are paid under a mixed strategy. This strategy is composed of two …

We consider a version of the stochastic inventory control problem for a spectrally positive
Lévy demand process, in which the inventory can only be replenished at independent …

In the last years there appeared a great variety of identities for first passage problems of
spectrally negative Lévy processes, which can all be expressed in terms of two “q-harmonic …

In this paper, we model the cash surplus (or equity) of a risky business with a Brownian
motion (with a drift). Owners can take cash out of the surplus in the form of “dividends” …

De Finetti's optimal dividend problem has recently been extended to the case when dividend
payments can be made only at Poisson arrival times. In this paper we consider the version …

In this paper, we study the optimal capital structure model with endogenous bankruptcy
when the firm's asset value follows an exponential Lévy process with positive jumps. In the …