CERTAINTY EQUIVALENCE AND LOGARITHMIC UTILITIES IN CONSUMPTION/INVESTMENT PROBLEMS (Q3126238)
From MaRDI portal
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | CERTAINTY EQUIVALENCE AND LOGARITHMIC UTILITIES IN CONSUMPTION/INVESTMENT PROBLEMS |
scientific article |
Statements
CERTAINTY EQUIVALENCE AND LOGARITHMIC UTILITIES IN CONSUMPTION/INVESTMENT PROBLEMS (English)
0 references
23 March 1997
0 references
optimal consumption/investment decision problem
0 references
partially observable drift
0 references
certainty equivalence principle
0 references
Bayesian structure
0 references
Hamilton-Jacobi-Bellman equations
0 references
