Optimal Bankruptcy Time and Consumption/Investment Policies on an Infinite Horizon with a Continuous Debt Repayment Until Bankruptcy
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Publication:5704192
DOI10.1287/moor.1030.0084zbMath1082.91049OpenAlexW2096213111MaRDI QIDQ5704192
Peter Lakner, Ashay Kadam, Monique Jeanblanc-Picqué
Publication date: 11 November 2005
Published in: Mathematics of Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/moor.1030.0084
Hamilton-Jacobi-Bellman equationfree boundary problemutility maximizationbankruptcyconsumption and investment
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