Optimal investment strategy under time-inconsistent preferences and high-water mark contract
Chunxiang A, Zhongfei Li, Fan Wang
| Year of publication: |
March 2016
|
|---|---|
| Authors: | A, Chunxiang ; Li, Zhongfei ; Wang, Fan |
| Published in: |
Operations research letters. - Amsterdam [u.a.] : Elsevier, ISSN 0167-6377, ZDB-ID 720735-9. - Vol. 44.2016, 2, p. 212-218
|
| Subject: | High-water mark (HWM) | Stochastic hyperbolic discounting | Time-inconsistency | Incentive fee | Sophisticated manager | Zeitkonsistenz | Time consistency | Portfolio-Management | Portfolio selection | Intertemporale Entscheidung | Intertemporal choice | Vertragstheorie | Contract theory |
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1016/j.orl.2015.12.013 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011457325