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Risk–reward models for on-line leasing of depreciable equipment
2012
Computers and Mathematics with Applications
In this paper, we generalize the traditional on-line leasing problem to the case where the equipment is depreciable and the investor can always sell the used equipment for a positive price, which is an essential feature of many practical leasing problems. The traditional risk-reward model for the case with a certain forecast has been discussed for the on-line leasing of depreciable equipment. On the basis of this, an improved risk-reward model with a probability forecast is obtained here and
doi:10.1016/j.camwa.2011.11.005
fatcat:atdpuisl4zhflcihqeyjtvvnhq