Both individual and institutional investors face a number of constraints in their consumption and investment decisions. We look at well-motivated constraints on the consumption process as well as liquidity constraints and study their impact on optimal consumption and investment policies under a dynamic discrete time setting.

Last modified

• 09/07/2018

Creator

• Amit Vijay Bhandari

DOI

• https://doi.org/10.21985/N20X5Q

Subject

• Industrial Engineering and Management Sciences

Keyword

• investment
• optimization
• liquidity
• portfolio
• consumption
• non-decreasing

Date created

• 2008-05-06

Resource type

• Dissertation

Rights statement

• In Copyright