Own-company stockholding and work effort preferences of an unconstrained executive

DOI10.1007/S00186-010-0322-5MaRDI QIDQ607672zbMATH OpenOpenAlexFDO

Authors Sascha Desmettre, John Gould, Alexander Szimayer

Publication date 3 December 2010

Published in Mathematical Methods of Operations Research (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/20.500.11937/30229

zbMATH Keywords

executive compensationoptimal portfolio choice

Mathematics Subject Classification ID

Portfolio theory (91G10) Stochastic ordinary differential equations (aspects of stochastic analysis) (60H10) Optimal stochastic control (93E20)

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Cites work

• scientific article; zbMATH DE number 1548491 (Why is no real title available?)
• On managerial risk-taking incentives when compensation may be hedged against

Cited in

(5)

• Employee stock ownership and diversification
• Work effort, consumption, and portfolio selection: When the occupational choice matters
• Optimal investment for executive stockholders with exponential utility
• Optimal investment, consumption, and work effort choice with Cobb-Douglas utility and preferences for cash
• Optimal investment, consumption, and work effort strategies with stochastic salary under the HLSV model

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