Optimal life-cycle consumption and investment decisions under age-dependent risk preferences
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Publication:829333
DOI10.1007/S11579-020-00276-9zbMath1460.91229arXiv1908.09976OpenAlexW3104849502MaRDI QIDQ829333
Pavel V. Shevchenko, Andreas Lichtenstern, Rudi Zagst
Publication date: 5 May 2021
Published in: Mathematics and Financial Economics (Search for Journal in Brave)
Full work available at URL: https://arxiv.org/abs/1908.09976
martingale methodage-dependent risk aversionHARA utility functionoptimal life-cycle consumption and investmentpension investments
Related Items (2)
Household investment-consumption-insurance policies under the age-dependent risk preferences ⋮ Optimal collective investment: an analysis of individual welfare
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