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- W3121649587 abstract "We assume that an agent's rate of consumption is {it ratcheted}; that is, it forms a non-decreasing process. Given the rate of consumption, we act as financial advisers and find the optimal investment strategy for the agent who wishes to minimize his probability of ruin." @default.
- W3121649587 created "2021-02-01" @default.
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- W3121649587 date "2008-06-01" @default.
- W3121649587 modified "2023-09-27" @default.
- W3121649587 title "Minimizing the Probability of Ruin when Consumption is Ratcheted" @default.
- W3121649587 hasPublicationYear "2008" @default.
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