Non-time additive utility optimization-the case of certainty

被引：13

作者：

Bank, P

Riedel, F

机构：

[1] Humboldt Univ, Inst Wirtschaftstheorie 1, D-10178 Berlin, Germany

[2] Humboldt Univ, Math Inst, D-10099 Berlin, Germany

来源：

JOURNAL OF MATHEMATICAL ECONOMICS | 2000年 / 33卷 / 03期

关键词：

non-time additive utility optimization; intertemporal utility;

D O I：

10.1016/S0304-4068(99)00026-9

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study the intertemporal utility maximization problem for Hindy-Huang-Kreps utilities. Necessary and sufficient conditions for optimality are given. An explicit solution is provided for a large class of utility functions. In particular, the case of separable power utilities with a finite time horizon is solved explicitly. (C) 2000 Elsevier Science S.A. All rights reserved. JEL classification: D91.

引用

页码：271 / 290

页数：20

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