This paper studies a dynamic quantile model for intertemporal decisions under uncertainty, in which the decision maker maximizes the $\tau$--quantile of the stream of future utilities, for $\tau$- ∈ (0,1). We present two sets of contributions. First, we generalize existing results in...

This paper studies a dynamic quantile model for intertemporal decisions under uncertainty, in which the decision maker maximizes the τ-quantile of the stream of future utilities, for τ ∈ (0,1). We present two sets of contributions. First, we generalize existing results in directions that are...