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Optimal Consumption And Investment With Bankruptcy eBook

by Suresh P. Sethi
language: english
Publisher: SPRINGER US, December of 2012 ‧
171,59€
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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).

Optimal Consumption And Investment With Bankruptcy

by Suresh P. Sethi

Property Description
ISBN: 9781461562573
Publisher: SPRINGER US
Release Date: December of 2012
Language: English
Format: eBook
File Format and Compatibility: PDF para ADE
Categories: eBooks in English > Management > Management and Organization
EAN: 9781461562573