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• W2116125566 abstract "We investigate an optimal consumption and investment problem where we receive a certain fixed income stream that is terminated at a random time. It turns out that the optimal strategy and the value function for this problem differ considerably from the case where our income stream is certain to continue indefinitely. More specifically, the optimal consumption policy involves a function that is not analytic around the point that represents zero wealth." @default.
• W2116125566 created "2016-06-24" @default.
• W2116125566 creator A5013126185 @default.
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• W2116125566 date "2009-12-01" @default.
• W2116125566 modified "2023-09-27" @default.
• W2116125566 title "An optimal investment problem with randomly terminating income" @default.
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• W2116125566 doi "https://doi.org/10.1109/cdc.2009.5400455" @default.
• W2116125566 hasPublicationYear "2009" @default.
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