Affiliation:
1. Transilvania University of Brasov
2. "Henri Coandă" Air Force Academy
Abstract
The problem of optimal dynamic allocation of resources in security should be built in such a manner to include the impact assessment of rare events, such as natural or asymmetric extreme events. This paper presents a model for the analysis of investment situations that involves real options with multiple sources of jump risk and identification of management solutions that increase the value of the investment opportunity using Wiener processes and Poisson distribution. The results are solutions for improved decision-making in aviation systems.
Publisher
Trans Tech Publications, Ltd.
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2 articles.
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