Optimal consumption with reference-dependent preferences in on-the-job search and savings
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Publication:2358501
DOI10.3934/jimo.2016029zbMath1364.90343OpenAlexW2323488515MaRDI QIDQ2358501
Ruiqing Zhao, Chi Zhou, Wansheng Tang
Publication date: 15 June 2017
Published in: Journal of Industrial and Management Optimization (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.3934/jimo.2016029
loss aversionsubdifferentialstochastic dynamic programmingjob searchreference-dependent preferencesoptimal consumption
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