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$$ \begin{align} & max ({\Delta_a}' - \Delta_a) \\ & s.t. \ & R_n > 0, \Delta_n > 0 \\ & (R_0 + r\Delta_a)(R_1 - \Delta_b) = R_0R_1 \tag1 \\ & ({R_1}' + r\Delta_b)(R_2 - \Delta_c) = {R_1}'R_2 \tag2 \\ & ({R_2}' + r\Delta_c)(R_3 - {\Delta_a}') = {R_2}'{R_1}' \tag3 \end{align} $$
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Tue, 14 Sep 2021 21:11 GMT