Optimally investing to reach a bequest goal

DOI10.1016/j.insmatheco.2016.05.015zbMath1371.91149arXiv1503.00961OpenAlexW3123098550MaRDI QIDQ2520427

Virginia R. Young, Erhan Bayraktar

Publication date: 13 December 2016

Published in: Insurance Mathematics \& Economics (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1503.00961

zbMATH Keywords

stochastic controlconsumptionoptimal investmentbequest motive

Mathematics Subject Classification ID

Optimal stochastic control (93E20) Applications of stochastic analysis (to PDEs, etc.) (60H30) Portfolio theory (91G10) Probabilistic games; gambling (91A60)

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