Solving the optimal allocation between savings and consumption by dynamic program

碩士 === 長庚大學 === 管理學研究所 === 88 === The purpose of this thesis is to find the optimal allocation between savings and consumption so that the maximum present value of utility is attained. We assume the representative individual is risk averse in the sense that he prefers to get the expected value of a...

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Bibliographic Details
Main Authors: Tzu-Hua Peng, 彭子華
Other Authors: Sheng-Pen Wang
Format: Others
Language:zh-TW
Published: 2000
Online Access:http://ndltd.ncl.edu.tw/handle/00796610169558955572