A Longstaff and Schwartz Approach to the Early Election Problem

In many democratic parliamentary systems, election timing is an important decision availed to governments according to sovereign political systems. Prudent governments can take advantage of this constitutional option in order to maximize their expected remaining life in power. The problem of establi...

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Bibliographic Details
Main Authors: Elliot Tonkes, Dharma Lesmono
Format: Article
Language:English
Published: Asia University 2012-01-01
Series:Advances in Decision Sciences
Online Access:http://dx.doi.org/10.1155/2012/287579