Bankruptcy and expected utility maximization

DOI10.1016/0165-1889(94)90022-1zbMath0805.90029OpenAlexW2017070537MaRDI QIDQ5906543

Prajit K. Dutta

Publication date: 8 September 1994

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(94)90022-1

zbMATH Keywords

expected utilitybankruptcygambler's ruin problemutility formulation

Mathematics Subject Classification ID

Utility theory (91B16) Economic growth models (91B62)

Related Items (2)

Optimal principal agent contracts for a class of incentive schemes: A characterization and the rate of approach to efficiency ⋮ Theory of dynamic portfolio for survival under uncertainty

Cites Work

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• Reaching Zero Rapidly
• Controlling a Process to a Goal in Finite Time
• Minimizing or Maximizing the Expected Time to Reach Zero

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