Optimal Consumption and Investment with Bankruptcy

by Suresh P. Sethi

Book Overview

This book presents papers on continuous-time consumption­ investment models by Suresh Sethi and various co-authors. Sir Isaac Newton said that he saw so far because he stood on the shoulders of gi­ ants. Giants upon whose shoulders Professor Sethi and colleagues stand are Robert Merton, particularly Merton's (1969, 1971, 1973) seminal papers, and Paul Samuelson, particularly Samuelson (1969). Karatzas, Lehoczky, Sethi and Shreve (1986), henceforth...

• Format: Paperback
• Language: English
• ISBN: 1461378710
• ISBN13: 9781461378716
• Release Date: October 2012
• Publisher: Springer
• Length: 428 Pages
• Weight: 1.38 lbs.
• Dimensions: 0.9" x 6.1" x 9.2"