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In this paper we deal with the utility maximization problem with a general utility function. We derive a new approach in which we reduce the utility maximization problem with general utility to the study of a fully-coupled Forward-Backward Stochastic Differential Equation (FBSDE).
Persistent link: https://www.econbiz.de/10009349307
Using elements from the theory of ergodic backward stochastic differential equations (BSDE), we study the behavior of forward entropic risk measures. We provide their general representation results (via both BSDE and convex duality) and examine their behavior for risk positions of long...
Persistent link: https://www.econbiz.de/10012967225
Several types of research have been conducted regarding the tourism industry in Dubai. However, they have not managed to indicate the roles that the tourism industry plays in Dubai. The purpose of the current study is to examine the roles of tourism in Dubai and the growth of tourism, as well as...
Persistent link: https://www.econbiz.de/10013227111
The development of science and technology has been increasingly linked with the implementation of science and technology innovation (STI) policies with important strategic significance for promoting national and regional innovation. In actual implementation, many types of STI policies are often...
Persistent link: https://www.econbiz.de/10014388824
The main concern of the research were the challenges faced by the staff working in the Islamic banking Industry. The study was conducted on Islam based banks between the 5th and 22nd of March 2020 to identify the challenges faced by the staff. Again, the results obtained aided in ascertaining...
Persistent link: https://www.econbiz.de/10013246142
Persistent link: https://www.econbiz.de/10011781532
The paper studies a method for evaluating current literature that receives little consideration in research and development. Various types of undervalued studies are recognized, and how they are related to a systematic review is shown. A diagram is presented that illustrates scoping studies...
Persistent link: https://www.econbiz.de/10012840619
The main concern of the research were the challenges faced by the staff working in the Islamic banking Industry. The study was conducted on Islam based banks between the 5th and 22nd of March 2020 to identify the challenges faced by the staff. Again, the results obtained aided in ascertaining...
Persistent link: https://www.econbiz.de/10012301701
Persistent link: https://www.econbiz.de/10012264168
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