Displaying similar documents to “Optimal radius of convergence of interpolatory iterations for operator equations.”

Convergence of optimal strategies under proportional transaction costs

Rafał Kucharski (2008)

Banach Center Publications

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A discrete-time financial market model with finite time horizon and transaction costs is considered, with a sequence of investors whose preferences are described by a convergent sequence of strictly increasing and strictly concave utility functions. Proportional costs are approximated by strictly convex costs. Existence of the optimal consumption-investment strategies is obtained, as well as convergence of the value functions and convergence of subsequences of optimal strategies. ...

Stacked exponents.

J.J. Andrews, R.C. Lacher (1977)

Aequationes mathematicae

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