This paper tackles a stochastic control problem involving a backward stochastic
differential equation (BSDE) with a local Lipschitz coefficient and logarithmic growth.
We derive the…
بواسطة
El Mountasar Billah Bouhadjar1 , Anwar Almualim2* , Nabil Khelfallah3 and Mhamed Eddahbi2
is paper examines investor behavior using probability functions and establishes a consistent mean-variance model based on compound independent axioms with unique certainty equivalency .
In this paper, we are interested in providing an analytic solution for cooperative investment risk. We reformulate cooperative investment risk by writing dual representations for each risk…