Voluntary retirement and portfolio selection: dynamic programming approaches

DOI10.1016/j.aml.2012.03.023zbMath1244.91113MaRDI QIDQ441924

Yong Hyun Shin

Publication date: 8 August 2012

Published in: Applied Mathematics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.aml.2012.03.023

zbMATH Keywords

portfolio selection; dynamic programming method; voluntary retirement; Cobb-Douglas utility

Mathematics Subject Classification ID

90C39: Dynamic programming

91G80: Financial applications of other theories

91G10: Portfolio theory

Related Items

An optimal portfolio, consumption-leisure and retirement choice problem with CES utility: a dynamic programming approach, An optimal investment, consumption-leisure and voluntary retirement choice problem with subsistence consumption constraints, An optimal consumption, leisure, and investment problem with an option to retire and negative wealth constraints, An optimal consumption, investment and voluntary retirement choice problem with disutility and subsistence consumption constraints: a dynamic programming approach

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• DISUTILITY, OPTIMAL RETIREMENT, AND PORTFOLIO SELECTION