Contents
Part I Applications to Marketing
Richard F. Hartl, Peter M. Kort . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Advertising and Advertising Claims Over Time
Charles S. Tapiero . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part II Environmental Applications
3 Capital Resource Substitution, Overshooting, and
Sustainable Development
Hassan Bencheckroun, Seiichi Katayama, Ngo Van Long . . . . . . . . . . . . .
4 Hierarchical and Asymptotic Optimal Control Models
Alain B. Haurie . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5 Common Property Resource and Private Capital
Accumulation with Random Jump
Masatoshi Fujisaki, Seiichi Katayama, Hiroshi Ohta . . . . . . . . . . . . . . . . . .
6 Transfer mechanisms inducing a sustainable forest
exploitation
Guiomar Mart´ın-Herr´an, Mabel Tidball . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7 Characterizing Dynamic Irrigation Policies via Green’s
Theorem
Uri Shani, Yacov Tsur, Amos Zemel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part III Applications in Economics and Finance
8 Volatility Forecasts and the Profitability of Automated
Trading Strategies
Engelbert J. Dockner, Gu¨nter Strobl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9 Two-Part Tariff Pricing in a Dynamic Environment
Gila E. Fruchter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10 Numerical Solutions to Lump-Sum Pension Fund Problems
That Can Yield Left-Skewed Fund Return Distributions
Jacek B. Krawczyk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11 Differentiated capital and the distribution of wealth
Gerhard Sorger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12 Optimal Firm Contributions to Open Source Software
Rong Zhang, Ernan Haruvy, Ashutosh Prasad, Suresh P. Sethi . . . . . . . .
Part IV Production, Maintenance and Transportation
13 The Impact of Dynamic Demand and Dynamic Net
Revenues on Firm Clockspeed
Janice E. Carrillo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14 Hibernation Durations for Chain of Machines with
Maintenance Under Uncertainty
15 Self-Organized Control of Irregular or Perturbed Network
Traffic
Dirk Helbing, Stefan L¨mmer, Jean-Patrick Lebacque . . . . . . . . . . . . . . . .
16 A stochastic optimal control policy for a manufacturing
system on a finite time horizon
Eugene Khmelnitsky, Gonen Singer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17 On a State-Constrained Control Problem in Optimal
Production and Maintenance
Helmut Maurer, Jang-Ho Robert Kimr, Georg Vossen . . . . . . . . . . . . . . . . .
Part V Methodological Advances
18 Reliability Index
19 The direct method for a class of infinite horizon dynamicgames
Curriculum Vitae - Prof. Suresh P. Sethi . . . . . . . . . . . . . . . . . . . . . .