Perturbation-at-Maximum Strategies

  • Andreas E. Kyprianou
Part of the EAA Series book series (EAAS)


In this chapter, we analyse the case in which payments are made from the surplus that are proportional to increments of the maximum. With appropriate assumptions, this perturbation to the path of the surplus may be seen as the result of taxation.


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Copyright information

© Springer International Publishing Switzerland 2013

Authors and Affiliations

  • Andreas E. Kyprianou
    • 1
  1. 1.Department of Mathematical SciencesUniversity of BathBathUnited Kingdom

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