60 citations · 87 across the 11 of their papers we have counts for
3 papers · 1 filter
Resource Extraction from a Stochastic Population with Harvesting Quotas
Erik Ekström, Dante Mata, Harto Saarinen
We study a resource extraction problem of ergodic type, where harvesting quotas are imposed that restrict the harvesting rate by a function of the current biomass. In a setting wit…
Hiring and firing -- a signaling game
Erik Ekström, Topias Tolonen-Weckström
We study a signaling game between an employer and a potential employee, where the employee has private information regarding their production capacity. At the initial stage, the em…
The maximality principle in singular control with absorption and its applications to the dividend problem
Tiziano De Angelis, Erik Ekström, Marcus Olofsson
Motivated by a new formulation of the classical dividend problem, we show that Peskir's maximality principle can be transferred to singular stochastic control problems with 2-dimen…