On an optimal consumption problem for p-integrable consumption plans |
| |
| Authors: | Erik J Balder Martijn R Pistorius |
| |
| Institution: | (1) Mathematical Institute, University of Utrecht, Budapestlaan 6, P.O. Box 80.010, 3508 TA Utrecht, THE NETHERLANDS (e-mail: {balder,pistorius}@math.uu.nl) , NL |
| |
| Abstract: | A generalization is presented of the existence results for an optimal consumption problem of Aumann and Perles 4] and Cox
and Huang 10]. In addition, we present a very general optimality principle.
Received: July 14, 1999; revised version: September 9, 1999 |
| |
| Keywords: | and Phrases: Optimal consumption and investment Variational problem Lyapunov-type optimization problem Extremum principle Existence of p-integrable optimal solutions Growth conditions |
| 本文献已被 SpringerLink 等数据库收录！ |
|
