Optimal Multiperiod Investment-Consumption Policies
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Publication:3877352
DOI10.2307/1911100zbMath0436.90026OpenAlexW2032831174MaRDI QIDQ3877352
Uday S. Karmarkar, R. A. Abrams
Publication date: 1980
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/1911100
stochastic dynamic programconvex duality theoryoptimal decision policyoptimal multiperiod investment-consumption policiespositively homogeneous utility functionspresence of transfer costs
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