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- W2071375186 abstract "In an optimal consumption choice problem, in which households have assets yielding interest rates, it is difficult to guarantee the existence of a solution without some restrictions for the consumption space, if the assumed utility function is unbounded. In this article, we formally state how the no-Ponzi game condition is used to guarantee an existence of optimal solutions. Furthermore, we provide the condition in which a solution attains the finite intertemporal utility." @default.
- W2071375186 created "2016-06-24" @default.
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- W2071375186 date "2013-06-26" @default.
- W2071375186 modified "2023-10-16" @default.
- W2071375186 title "How does the no-Ponzi game condition work in an optimal consumption problem?" @default.
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- W2071375186 doi "https://doi.org/10.1080/21649480.2013.810553" @default.
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