Failing to Foresee the Updating of the Reference Point Leads to Time-Inconsistent Investment (Q5130491)

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scientific article; zbMATH DE number 7269911
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Failing to Foresee the Updating of the Reference Point Leads to Time-Inconsistent Investment
scientific article; zbMATH DE number 7269911

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    Failing to Foresee the Updating of the Reference Point Leads to Time-Inconsistent Investment (English)
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    4 November 2020
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    reference-dependent preferences
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    reference point updating
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    time-inconsistency
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    stochastic control
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    portfolio selection
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    prediction bias
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