• 한국해안해양공학회:학술대회논문집
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• 한국해안해양공학회 2006년도 추계학술대회 발표논문집 Proceedings of Coastal and Ocean Engineering in Korea
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• pp.165-168
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• 2006

• East Asian mathematical journal
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• 제36권1호
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• pp.91-99
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• 2020

This paper obtains an explicit expression for a debtor's consumption, porfolio and time for filing for bankruptcy when the debtor is subject to upper bound on consumption rate. The utility of consumption is CRRA type and the dynamic programming principle is applied.

• 대한치과교정학회지
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• 제13권1호
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• pp.115-120
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• 1983

• Tuberculosis and Respiratory Diseases
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• 제81권4호
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• pp.349-349
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• 2018

• 충청수학회지
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• 제29권2호
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• pp.329-336
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• 2016

The optimal portfolio choice problem with a stochastic income is considered in continuous-time framework. We provide a novel approach to treat the stochastic income when the market is complete. The developed method is useful to obtain closed-form solutions of the problems under borrowing constraints.

• 한국식물생명공학회:학술대회논문집
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• 한국식물생명공학회 2002년도 춘계학술대회
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• pp.187-187
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• 2002

• 한국사회복지학
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• 제27권
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• pp.153-179
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• 1995

• 한국원자력학회:학술대회논문집
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• 한국원자력학회 1999년도 춘계학술발표회요약집
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• pp.132-132
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• 1999

• 한국동물학회:학술대회논문집
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• 한국동물학회 1996년도 한국생물과학협회 국제학술대회
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• pp.268-268
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• 1996

No Abstract, See Full Text

• 충청수학회지
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• 제31권1호
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• pp.65-73
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• 2018

We investigate the optimal consumption and investment problem of working agent who faces tax system on consumption, labor income, savings and investment. By applying martingale method, we obtain the closed-form solutions so it is possible to verify the effect of tax system analytically.