An optimal consumption and investment problem with quadratic utility and negative wealth constraints
Abstract In this paper, we investigate the optimal consumption and portfolio selection problem with negative wealth constraints for an economic agent who has a quadratic utility function of consumption and receives a constant labor income. Due to the property of the quadratic utility function, we se...
| Auteurs principaux: | , , |
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| Format: | Article |
| Langue: | English |
| Publié: |
SpringerOpen
2017-08-01
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| Collection: | Journal of Inequalities and Applications |
| Sujets: | |
| Accès en ligne: | http://link.springer.com/article/10.1186/s13660-017-1469-x |