Optimal portfolio strategies and the demand for durable goods
โ Scribed by John Roufagalas
- Book ID
- 112728893
- Publisher
- Springer US
- Year
- 1991
- Tongue
- English
- Weight
- 463 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0197-4254
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
This paper addresses the problem of durable goods manufacturers in an oligopoly seeking optimal values for three decision variables: product warranty, reliability and price. Each ยฎrm seeks a warranty-reliability-price combination that maximizes expected proยฎt subject to quite general constraints on
We study the consumption and investment choice of an agent in a continuous-time economy with a riskless asset, several risky รฟnancial assets, and two consumption goods, namely a perishable and a durable good with an uncertain price evolution. Assuming lognormal prices and a multiplicatively separabl