Consumption and portfolio rules for time-inconsistent investors

European Journal of Operational Research

Volumn 201, Issue 3, 2010, Pages 860-872

  Marín Solano, Jesús ^a   Navas, Jorge ^a  

^a UNIVERSITY OF BARCELONA   (Spain)

Author keywords

Consumption and portfolio rules; Dynamic programming; Finance; Naive and sophisticated agents; Non constant discounting; Time inconsistency

Indexed keywords

CONSUMPTION AND PORTFOLIO RULES; CONTINUOUS TIME; CONTINUOUS TIME MODELS; DECISION MAKERS; DISCOUNT RATES; ECONOMIC THEORIES; HAMILTON-JACOBI-BELLMAN; NAIVE AND SOPHISTICATED AGENTS; NON-CONSTANT DISCOUNTING; OPTIMAL PORTFOLIOS; PORTFOLIO SELECTION; POWER UTILITY; TIME INCONSISTENCY; UTILITY FUNCTIONS;

CONTINUOUS TIME SYSTEMS; DECISION THEORY; DYNAMIC PROGRAMMING; SYSTEMS ENGINEERING; TIME VARYING CONTROL SYSTEMS;

ECONOMICS;

EID: 70349464600     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejor.2009.04.005     Document Type: Article

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