Preference heterogeneity and its equilibrium path

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DOI10.1002/OCA.2720zbMath1471.91124OpenAlexW3143106275MaRDI QIDQ5159831

Ling Peng, Peter E. Kloeden

Publication date: 28 October 2021

Published in: Optimal Control Applications and Methods (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1002/oca.2720

zbMATH Keywords

Hamilton-Jacobi-Bellman equation equilibrium path time-inconsistency sophisticated solution preference heterogeneity naive solution precommitted solution

Mathematics Subject Classification ID

Decision theory (91B06) Individual preferences (91B08)

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