Name: Optimal Consumption and Investment with Bankruptcy
Price: 131.00 EUR
Availability: InStock
Author: Suresh P. Sethi
ISBN: 9781461378716

Optimal Consumption and Investment with Bankruptcy von Suresh P. Sethi

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Über Optimal Consumption and Investment with Bankruptcy

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).

Sprache:
Englisch

ISBN:
9781461378716

Verlag:
Springer-Verlag New York Inc.

Einband:
Taschenbuch

Seitenzahl:
428

Veröffentlicht:
10 Oktober 2012

Ausgabe:
11997

Abmessungen:
234x156x23 mm.

Gewicht:
688 g.

131,00 € inkl. MwSt.
~~160,49 €~~ UVP

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Beschreibung von Optimal Consumption and Investment with Bankruptcy

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).

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