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  • Search: subject:"Time inconsistent utility functions"
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Subject
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Agency theory 1 Mathematical programming 1 Mathematische Optimierung 1 Mean-variance 1 Nutzenfunktion 1 Pontryagin's maximum principle 1 Principal-agent problem 1 Prinzipal-Agent-Theorie 1 Stochastic maximum principle 1 Theorie 1 Theory 1 Time inconsistent utility functions 1 Utility function 1
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CC license 1 Free 1
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Article 1
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Article in journal 1 Aufsatz in Zeitschrift 1
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English 1
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Djehiche, Boualem 1 Helgesson, Peter 1
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Asian journal of economics and banking : AJEB 1
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ECONIS (ZBW) 1
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A risk based approach to the principal-agent problem
Djehiche, Boualem; Helgesson, Peter - In: Asian journal of economics and banking : AJEB 8 (2024) 3, pp. 310-334
Purpose: We aim to generalize the continuous-time principal-agent problem to incorporate time-inconsistent utility … functions, such as those of mean-variance type, which are prevalent in risk management and finance. Design …
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