Choi, Jin Hyuk - Optimal consumption and investment with liquid and illiqui ...

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Received: 1 February 2017  Accepted: 1 January 2019
DOI: 10.1111/mafi.12221

ORIGINAL ARTICLE


Optimal consumption and investment with liquid
and illiquid assets
Jin Hyuk Choi
Department of Mathematics, Ulsan National
Institute of Science and Technology, Ulsan,
                            Abstract
South Korea                       I consider an optimal consumption/investment problem to
                            maximize expected utility from consumption. In this mar-
Correspondence
Jin Hyuk C ...

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关键词：consumption Investment investmen optimal Optima