Search Results - subject:"récursive utility"

A new preference model that allows for narrow framing

Guo, Jing; He, Xue Dong - In: Journal of mathematical economics 95 (2021), pp. 1-18

Persistent link: https://www.econbiz.de/10012801354

An intertemporal model of growing awareness

Vierø, Marie-Louise - 2017

This paper presents an intertemporal model of growing awareness. It provides a framework for analyzing problems with long time horizons in the presence of growing awareness and awareness of unawareness. The framework generalizes both the standard event-tree framework and the framework from Karni...

Persistent link: https://www.econbiz.de/10011939439

Recursive utility and Thompson aggregators

Becker, Robert Allen; Rincón-Zapatero, Juan Pablo - 2017

Persistent link: https://www.econbiz.de/10011688420

An intertemporal model of growing awareness

Viero, Marie-Louise - 2017

Persistent link: https://www.econbiz.de/10011722303

Adjusting consumption based capital asset pricing model within the framework of an open economy : the case of Iran

Bahrami, Jaber; Pahlavani, Mosayeb; Roshan, Reza; … - In: International journal of economics and financial issues … 7 (2017) 3, pp. 309-317

Persistent link: https://www.econbiz.de/10011819900

Recursive utility using the stochastic maximum principle

Aase, Knut K. - In: Quantitative Economics 7 (2016) 3, pp. 859-887

rate and risk premiums using recursive utility in a continuous-time model. We use the stochastic maximum principle to … Markovian, which can be the case with recursive utility. With existence granted, the wealth portfolio is characterized in …

Persistent link: https://www.econbiz.de/10011995477