Optimal Consumption and Investment with Bankruptcy /

The problem of optimal consumption and investment is concerned with the decisions of a single agent endowed with some initial wealth who seeks to maximize total expected discounted utility of consumption. The decisions are the rate of consumption and the allocation of their wealth directed to risky...

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Bibliographic Details

Main Author:	Sethi, Suresh P.
Corporate Author:	SpringerLink (Online service)
Format:	eBook
Language:	English
Published:	Boston, MA : Springer US, 1997.
Subjects:	Economics. Operations research. Electronic books.
Online Access:	Connect to the full text of this electronic book