| Article ID: | iaor200948531 |
| Country: | United States |
| Volume: | 32 |
| Issue: | 1 |
| Start Page Number: | 182 |
| End Page Number: | 192 |
| Publication Date: | Feb 2007 |
| Journal: | Mathematics of Operations Research |
| Authors: | Jeanblanc Monique, Hamadne Said |
In this work, we solve completely the starting and stopping problem when the dynamics of the system are a general adapted stochastic process. We use backward stochastic differential equations (BSDEs) and Snell envelopes. Finally, we give some numerical results.