The golden rule when preferences are time inconsistent
By Ivar Ekeland, Ali Lazrak. 2010
149 citations recorded by the source corpus.
Subfields: Economics and Econometrics, General Decision Sciences
View Paper: https://www.semanticscholar.org/paper/4a38c899dae3eca8b07c7b1dd9d62d4447d32cc6
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In Economics and Econometrics
In General Decision Sciences
Citations in the corpus
- Linear-Quadratic Optimal Control Problems for Mean-Field Stochastic Differential Equations --- Time-Consistent Solutions (2013, background): “n the second example, the time-inconsistency is due to the appearance of the conditional expectation of the state in a nonlinear way. The non-exponential discounting situation has been discussed in 6 [7, 9, 8, 24, 25, 26, 18]. The main motivation of that is trying to catch people’s subjective prefer”
- On time-inconsistent stochastic control in continuous time (2017, unknown): “– We note that the g function above appears, in a more restricted framework, already in [2, 9, 11].”
- Time-Inconsistent Optimal Control Problems and the Equilibrium HJB Equation (2012, result): “Thus, it is comparable with that given in [5, 2, 3], and it is different from that in [13].”
- Time-consistent mean-variance reinsurance-investment strategy for insurers under CEV model (2016, background): “Barro (1999), Karp (2007), Ekeland & Lazrak (2010), Ekeland & Pirvu (2008), Marin-Solano & Navas (2009, 2010), Ekeland et al. (2012) further considered time-inconsistent preferences problems in different situations.”