Titlebook: Optimal Stochastic Control, Stochastic Target Problems, and Backward SDE; Nizar Touzi Book 2013 Springer Science+Business Media New York 2

施魔法

Agnès Tourinl period and delay varies), documenting the frequency of patterns consistent with exponential discounting and with hyperbolic discounting. We find that exponential discounting is the clear modal choice pattern in virtually all cases. Hyperbolic discounting is never the modal pattern (except in the s