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Effect of labour income on the optimal bankruptcy problem

In this paper we deal with the optimal bankruptcy problem for agents who can optimally allocate their consumption rate, the amount of capital invested in the risky asset, as well as their leisure time. In our framework, the agents are endowed by an initial debt, and they are required to repay their...

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Detalles Bibliográficos
Autores principales: Ding, Guodong, Marazzina, Daniele
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9867836/
https://www.ncbi.nlm.nih.gov/pubmed/36710940
http://dx.doi.org/10.1007/s10479-023-05166-z