Less is more: increasing retirement gains by using an upside terminal wealth constraint
From MaRDI portal
Publication:495482
DOI10.1016/j.insmatheco.2015.06.003zbMath1348.91251OpenAlexW2291009425MaRDI QIDQ495482
Jens Perch Nielsen, Catherine Donnelly, Russell Gerrard, Montserrat Guillen
Publication date: 14 September 2015
Published in: Insurance Mathematics \& Economics (Search for Journal in Brave)
Full work available at URL: http://openaccess.city.ac.uk/id/eprint/12177/1/main.pdf
stochastic controlportfolio optimizationretirement planningretirement wealth distributionsavings plan
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