A Closed-form Solution for a Model of Precautionay Saving (Q5289338)

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scientific article; zbMATH DE number 279383
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A Closed-form Solution for a Model of Precautionay Saving
scientific article; zbMATH DE number 279383

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    A Closed-form Solution for a Model of Precautionay Saving (English)
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    23 August 1993
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    stochastic dynamic programming
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    life-cycle consumption plans
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    closed-loop linear decision rules
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