Adaptive control of three continuous time portfolio and consumption models
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Publication:1101319
DOI10.1007/BF00940844zbMath0642.90013MaRDI QIDQ1101319
Tyrone E. Duncan, Bozenna Pasik-Duncan
Publication date: 1989
Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)
average return rate of the risky asset; continuous time portfolio and consumption models; economic application of adaptive control; recursive parameter estimators; wealth equation
62P20: Applications of statistics to economics
91B62: Economic growth models
93E20: Optimal stochastic control
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