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Irrational entry, rational exit - MaRDI portal

Irrational entry, rational exit

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Publication:1381018

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DOI10.1016/S0304-4068(97)00010-4zbMath0901.90065MaRDI QIDQ1381018

Marc Chesney, Bharat R. Hazari

Publication date: 11 March 1998

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

zbMATH Keywords

continuous martingales Brownian notion smoking and health

Mathematics Subject Classification ID

Stopping times; optimal stopping problems; gambling theory (60G40) General equilibrium theory (91B50) Consumer behavior, demand theory (91B42)

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