The Markov consumption problem

DOI10.1016/j.jmateco.2011.04.001zbMath1235.91117MaRDI QIDQ2427839

Michael Sattinger

Publication date: 18 April 2012

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2011.04.001

zbMATH Keywords

optimal control; Markov process; consumption; unemployment; ad hoc debt limit

Mathematics Subject Classification ID

91B16: Utility theory

91B42: Consumer behavior, demand theory

49J55: Existence of optimal solutions to problems involving randomness

Cites Work

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