𝔖 Bobbio Scriptorium
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Public goods with consumption indivisibility


Book ID
116103859
Publisher
Elsevier Science
Year
1976
Tongue
English
Weight
445 KB
Volume
6
Category
Article
ISSN
0166-0462

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Optimal consumption and investment strat
✍ Anders Damgaard; Brian Fuglsbjerg; Claus Munk πŸ“‚ Article πŸ“… 2003 πŸ› Elsevier Science 🌐 English βš– 578 KB

We study the consumption and investment choice of an agent in a continuous-time economy with a riskless asset, several risky ΓΏnancial assets, and two consumption goods, namely a perishable and a durable good with an uncertain price evolution. Assuming lognormal prices and a multiplicatively separabl