Utility maximization under capital growth constraints

DOI10.1016/S0304-4068(99)00014-2zbMath1058.91525OpenAlexW2073720231MaRDI QIDQ1975168

Klaus Hellwig, Paul Wentges, Gerhard Speckbacher

Publication date: 2000

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

Full work available at URL: https://doi.org/10.1016/s0304-4068(99)00014-2

zbMATH Keywords

Utility theoryCapital growthMaintaining capital intact

Mathematics Subject Classification ID

Utility theory (91B16) Economic growth models (91B62)

Related Items

Sustainability revisited ⋮ Value management ⋮ Portfolio selection subject to growth objectives ⋮ Thermodynamic laws, economic methods and the productive power of energy ⋮ AN AXIOMATIC APPROACH TO SUSTAINABILITY ⋮ Comparing financial investments by their state dependent returns: A one-way log utility representation

Cites Work

• Maintaining capital intact and WARP
• Incomplete markets over an infinite horizon: Long-lived securities and speculative bubbles
• State Constraints in Convex Control Problems of Bolza
• Unnamed Item
• Unnamed Item
• Unnamed Item