Stochastic lifestyling: optimal dynamic asset allocation for defined contribution pension plans (Q956531)
From MaRDI portal
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Stochastic lifestyling: optimal dynamic asset allocation for defined contribution pension plans |
scientific article |
Statements
Stochastic lifestyling: optimal dynamic asset allocation for defined contribution pension plans (English)
0 references
25 November 2008
0 references
stochastic control
0 references
optimal asset allocation
0 references
stochastic lifestyling
0 references
utility numeraire
0 references
habit formation
0 references
non-hedgeable salary risk
0 references
HJB equation
0 references
