Optimal mean–variance efficiency of a family with life insurance under inflation risk
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More about this item
KeywordsIE13; IM12; IE43; IE53; IB12; Mean–variance efficiency; Surplus wealth of the family; Income-replacement insurance; Lagrange dual method; Replication of assets; Dynamic programming; Nonlinear HJB equations;
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
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