On Optimal Retirement
Work
Year: 2014
Type: article
Abstract: We pose an optimal control problem arising in a perhaps new model for retirement investing. Given a control function f and our current net worth X ( t ) for any t , we invest an amount f ( X ( t )) in... more
Source: Journal of Applied Probability
Authors Philip Ernst, Dean P. Foster, L. A. Shepp
Institution University of Pennsylvania
Cites: 10
Cited by: 9
Related to: 10
FWCI: 2.906
Citation percentile (by year/subfield): 76.33
Subfield: Finance
Domain: Social Sciences
Open Access status: bronze