Failure of Smooth Pasting Principle and Nonexistence of Equilibrium Stopping Rules under Time-Inconsistency (Q5163688)
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scientific article; zbMATH DE number 7420717
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Failure of Smooth Pasting Principle and Nonexistence of Equilibrium Stopping Rules under Time-Inconsistency |
scientific article; zbMATH DE number 7420717 |
Statements
Failure of Smooth Pasting Principle and Nonexistence of Equilibrium Stopping Rules under Time-Inconsistency (English)
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5 November 2021
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optimal stopping
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weighted discount function
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time-inconsistency
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equilibrium stopping
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intrapersonal game
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smooth pasting
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real options
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