Optimal life-cycle consumption and investment decisions under age-dependent risk preferences

Author:

Lichtenstern Andreas,Shevchenko Pavel V.ORCID,Zagst Rudi

Publisher

Springer Science and Business Media LLC

Subject

Statistics, Probability and Uncertainty,Finance,Statistics and Probability

Reference81 articles.

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2. Absolventa GmbH: Einstiegsgehalt von Berufseinsteigern 2018. https://www.absolventa.de/karriereguide/arbeitsentgelt/einstiegsgehalt (2018). Accessed 14 Sept 2018

3. Akian, M., Menaldi, J.L., Sulem, A.: On an investment-consumption model with transaction costs. SIAM J. Control Optim. 34(1), 329–364 (1996)

4. Al-Ajmi, J.: Risk tolerance of individual investors in an emerging market. Int. Res. J. Financ. Econ. 17, 15–26 (2008)

5. Albert, S.M., Duffy, J.: Differences in risk aversion between young and older adults. Neurosci. Neuroecon. 2012(1), 3–9 (2012)

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