OPTIMAL CONSUMPTION OF AN INVESTMENT.

被引：0
|
作者：
Jacka, S.D.
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来源：
Stochastics | 1984年 / 13卷 / 1-2期
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D O I：
10.1080/17442508408833310
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学科分类号：
摘要：
We consider a continuous-time stochastic model for the consumption of an invested resource. The optimal consumption policy is derived. A system of prices which stimulate the optimal consumption is identified. The optimal policy and payoff are found explicitly in the case where the interest process has independent increments.
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页码：45 / 60
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