Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment.

Borys Grochulski Yuzhe Zhang

Published in: J. Econ. Theory (2011)

Keyphrases

formal model
computational model
data sets
decision making
lower bound
prior knowledge
cost function
probabilistic model
state space
statistical model
optimal solution
control system
management system
theoretical framework
mathematical model
statistical methods