Name: Optimal Consumption and Investment with Bankruptcy
Price: 1757.95 DKK
Availability: InStock
Author: Suresh P. Sethi
ISBN: 9780792397557

Optimal Consumption and Investment with Bankruptcy af Suresh P. Sethi

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The problem with Merton's solution is that it sometimes violates the constraints against negative wealth and negative consumption stated in Merton (1969) and presumably applicable in Merton (1971 and 1973).

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Sprog:
Engelsk

ISBN:
9780792397557

Forlag:
Springer

Indbinding:
Hardback

Sideantal:
428

Udgivet:
30. november 1996

Udgave:
1997

Størrelse:
234x156x25 mm.

Vægt:
1780 g.

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Leveringstid: 8-11 hverdage

Forventet levering: 6. december 2024

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The problem with Merton's solution is that it sometimes violates the constraints against negative wealth and negative consumption stated in Merton (1969) and presumably applicable in Merton (1971 and 1973).

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Optimal Consumption and Investment with Bankruptcy

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