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most citedOptimal Switching at Poisson Random Intervention Times

3 citations · 4 across the 5 of their papers we have counts for

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q-fin.MF2018

Failure of Smooth Pasting Principle and Nonexistence of Equilibrium Stopping Rules under Time-Inconsistency

Ken Seng Tan, Wei Wei, Xun Yu Zhou

This paper considers a time-inconsistent stopping problem in which the inconsistency arises from non-constant time preference rates. We show that the smooth pasting principle, the…