Optimal consumption with loss aversion and reference to past spending maximum (Q6496947)
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scientific article; zbMATH DE number 7842597
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Optimal consumption with loss aversion and reference to past spending maximum |
scientific article; zbMATH DE number 7842597 |
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Optimal consumption with loss aversion and reference to past spending maximum (English)
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6 May 2024
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loss aversion
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optimal relative consumption
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path-dependent reference
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concave envelope
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piecewise feedback control
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