A real industrial production phenomenon, referred to as learning effects, has drawn increasing attention. However, most research on this issue considers only single machine problems. Motivated by this ...

In this paper we consider optimal stopping problems for a general class of reward functions under matrix-exponential jump-diffusion processes. Given an American call-type reward function in this class ...

This Olympiad-style exponential problem looks simple at first — until you try solving it. Test your skills and see if you can crack it before I walk through the clever solution step-by-step. Trump ...