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arxiv: 1409.2226 · v2 · pith:T57BQLNQnew · submitted 2014-09-08 · 🧮 math.OC · q-fin.MF

Optimal double stopping of a Brownian bridge

classification 🧮 math.OC q-fin.MF
keywords stoppingbridgebrowniandoubleoptimalachievedcasesdriven
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We study optimal double stopping problems driven by a Brownian bridge. The objective is to maximize the expected spread between the payoffs achieved at the two stopping times. We study several cases where the solutions can be solved explicitly by strategies of threshold type.

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