Optimal consumption, investment, and life insurance purchase: a state-dependent utilities approach

We consider the problem of an individual who has to make decisions (under uncertainty) about optimal consumption, investment, and life insurance purchase in a financial market with a finite number of securities; the role of the life insurance is to protect the individual's family of an eventual...

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Autores:
Tipo de recurso:
Fecha de publicación:
2020
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/26672
Acceso en línea:
https://doi.org/10.1080/00207160.2020.1797699
https://repository.urosario.edu.co/handle/10336/26672
Palabra clave:
Optimal choice
Life insurance
State-dependent utility
Rights
License
Restringido (Acceso a grupos específicos)
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oai_identifier_str oai:repository.urosario.edu.co:10336/26672
network_acronym_str EDOCUR2
network_name_str Repositorio EdocUR - U. Rosario
repository_id_str
spelling 108526491460054d8d48d-cfcb-4e93-8a1b-8c6bafa5c6ab-12020-08-19T14:40:00Z2020-08-19T14:40:00Z2020-01-01We consider the problem of an individual who has to make decisions (under uncertainty) about optimal consumption, investment, and life insurance purchase in a financial market with a finite number of securities; the role of the life insurance is to protect the individual's family of an eventually early death. We propose facing the problem of optimal election under the alternative approach of state-dependent utilities; so we assume that preferences measure the agent's satisfaction for future cash flows valued by the market when the individual is making his/her decisionsapplication/pdfhttps://doi.org/10.1080/00207160.2020.1797699ISSN: 0020-7160EISSN: 1029-0265https://repository.urosario.edu.co/handle/10336/26672engTaylor and Francis GroupInternational Journal of Computer MathematicsVol. 97International Journal of Computer Mathematics, ISSN:0020-7160;EISSN:1029-0265, Vol.97 (August, 2020); pp. https://www.tandfonline.com/doi/abs/10.1080/00207160.2020.1797699Restringido (Acceso a grupos específicos)http://purl.org/coar/access_right/c_16ecInternational Journal of Computer Mathematicsinstname:Universidad del Rosarioreponame:Repositorio Institucional EdocUROptimal choiceLife insuranceState-dependent utilityOptimal consumption, investment, and life insurance purchase: a state-dependent utilities approachCompra de seguros de vida, inversión y consumo óptimos: un enfoque de servicios públicos dependientes del estadoarticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Gómez De los Ríos, Fabio AndrésLondoño, Jaime A.10336/26672oai:repository.urosario.edu.co:10336/266722022-05-02 07:37:21.851178https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co
dc.title.spa.fl_str_mv Optimal consumption, investment, and life insurance purchase: a state-dependent utilities approach
dc.title.TranslatedTitle.spa.fl_str_mv Compra de seguros de vida, inversión y consumo óptimos: un enfoque de servicios públicos dependientes del estado
title Optimal consumption, investment, and life insurance purchase: a state-dependent utilities approach
spellingShingle Optimal consumption, investment, and life insurance purchase: a state-dependent utilities approach
Optimal choice
Life insurance
State-dependent utility
title_short Optimal consumption, investment, and life insurance purchase: a state-dependent utilities approach
title_full Optimal consumption, investment, and life insurance purchase: a state-dependent utilities approach
title_fullStr Optimal consumption, investment, and life insurance purchase: a state-dependent utilities approach
title_full_unstemmed Optimal consumption, investment, and life insurance purchase: a state-dependent utilities approach
title_sort Optimal consumption, investment, and life insurance purchase: a state-dependent utilities approach
dc.subject.keyword.spa.fl_str_mv Optimal choice
Life insurance
State-dependent utility
topic Optimal choice
Life insurance
State-dependent utility
description We consider the problem of an individual who has to make decisions (under uncertainty) about optimal consumption, investment, and life insurance purchase in a financial market with a finite number of securities; the role of the life insurance is to protect the individual's family of an eventually early death. We propose facing the problem of optimal election under the alternative approach of state-dependent utilities; so we assume that preferences measure the agent's satisfaction for future cash flows valued by the market when the individual is making his/her decisions
publishDate 2020
dc.date.accessioned.none.fl_str_mv 2020-08-19T14:40:00Z
dc.date.available.none.fl_str_mv 2020-08-19T14:40:00Z
dc.date.created.spa.fl_str_mv 2020-01-01
dc.type.eng.fl_str_mv article
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
dc.type.spa.spa.fl_str_mv Artículo
dc.identifier.doi.none.fl_str_mv https://doi.org/10.1080/00207160.2020.1797699
dc.identifier.issn.none.fl_str_mv ISSN: 0020-7160
EISSN: 1029-0265
dc.identifier.uri.none.fl_str_mv https://repository.urosario.edu.co/handle/10336/26672
url https://doi.org/10.1080/00207160.2020.1797699
https://repository.urosario.edu.co/handle/10336/26672
identifier_str_mv ISSN: 0020-7160
EISSN: 1029-0265
dc.language.iso.spa.fl_str_mv eng
language eng
dc.relation.citationTitle.none.fl_str_mv International Journal of Computer Mathematics
dc.relation.citationVolume.none.fl_str_mv Vol. 97
dc.relation.ispartof.spa.fl_str_mv International Journal of Computer Mathematics, ISSN:0020-7160;EISSN:1029-0265, Vol.97 (August, 2020); pp.
dc.relation.uri.spa.fl_str_mv https://www.tandfonline.com/doi/abs/10.1080/00207160.2020.1797699
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_16ec
dc.rights.acceso.spa.fl_str_mv Restringido (Acceso a grupos específicos)
rights_invalid_str_mv Restringido (Acceso a grupos específicos)
http://purl.org/coar/access_right/c_16ec
dc.format.mimetype.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Taylor and Francis Group
dc.source.spa.fl_str_mv International Journal of Computer Mathematics
institution Universidad del Rosario
dc.source.instname.none.fl_str_mv instname:Universidad del Rosario
dc.source.reponame.none.fl_str_mv reponame:Repositorio Institucional EdocUR
repository.name.fl_str_mv Repositorio institucional EdocUR
repository.mail.fl_str_mv edocur@urosario.edu.co
_version_ 1818106655113478144

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