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Review Open access Aug 2026

A STOCHASTIC FRAMEWORK FOR OPTIMIZING HYBRID PENSION SCHEMES IN NIGERIA: ASSET ALLOCATION AND CONTRIBUTIONS UNDER ECONOMIC REGIMES

This study examines the design, evaluation, and optimization of asset allocation and contribution rates for hybrid pension schemes in Nigeria by integrating Regime-Switching Geometric Brownian Motion (RS-GBM) with Markov Chain models to capture macroeconomic regime dynamics and their impact on pension fund performance....

D. K. Adamu, K. Lasisi, A. Ahmed et al. · 0 citations

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