Abstract
Cash on hand (or cash held in highly liquid form in a bank account) is needed for routine business and personal transactions. The problem of determining the right amount of cash to hold involves balancing liquidity against investment opportunity costs. This entry traces solutions using both discrete-time and continuous-time stochastic models.
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Cadenillas, A. (2021). Cash Management. In: Baillieul, J., Samad, T. (eds) Encyclopedia of Systems and Control. Springer, London. https://doi.org/10.1007/978-1-4471-5102-9_45-2
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DOI: https://doi.org/10.1007/978-1-4471-5102-9_45-2
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Chapter history
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Latest
Cash Management- Published:
- 22 October 2020
DOI: https://doi.org/10.1007/978-1-4471-5102-9_45-2
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Original
Cash Management- Published:
- 08 July 2014
DOI: https://doi.org/10.1007/978-1-4471-5102-9_45-1