Optimal consumption and investment strategies with a perishable and an indivisible durable consumption good

DOI10.1016/S0165-1889(02)00135-5zbMath1179.91253OpenAlexW3123942928MaRDI QIDQ951456

Claus Munk, Brian Fuglsbjerg, Anders Damgaard

Publication date: 24 October 2008

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1889(02)00135-5

zbMATH Keywords

numerical solutiontransaction costsviscosity solutionsdurable goodsoptimal consumption and investment

Mathematics Subject Classification ID

Financial applications of other theories (91G80) Corporate finance (dividends, real options, etc.) (91G50)

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