Epstein-Zin singular control utility for dividends is shown equivalent to Maenhout robust dividend policy as a threshold strategy characterized by the free boundary of an HJB variational inequality.
Title resolution pending
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
q-fin.MF 1years
2024 1verdicts
UNVERDICTED 1representative citing papers
citing papers explorer
-
Robust dividend policy: Equivalence of Epstein-Zin and Maenhout preferences
Epstein-Zin singular control utility for dividends is shown equivalent to Maenhout robust dividend policy as a threshold strategy characterized by the free boundary of an HJB variational inequality.