2 papers
math.OC2017
Optimal dividend policies with random profitability
Max Reppen, Jean-Charles Rochet, H. Mete Soner
We study an optimal dividend problem under a bankruptcy constraint. Firms face a trade-off between potential bankruptcy and extraction of profits. In contrast to previous works, ge…
math.PR2016
Fluctuation of matrix entries and application to outliers of elliptic matrices
Florent Benaych-Georges, Guillaume Cébron, Jean Rochet
For any family of random matrices which is invariant, in law, under unitary conjugation, we give general sufficient conditions for central lim…