Optimal consumption and investment under irrational beliefs

DOI10.3934/jimo.2011.7.139zbMath1214.91108OpenAlexW2065606334MaRDI QIDQ542579

Lihong Zhang, Lei Sun

Publication date: 10 June 2011

Published in: Journal of Industrial and Management Optimization (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3934/jimo.2011.7.139

zbMATH Keywords

optimizationinvestmentconsumptionirrational belief

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Utility theory (91B16) Portfolio theory (91G10)

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