2 papers
q-fin.MF2025
Equilibrium Policy on Dividend and Capital Injection under Time-inconsistent Preferences
Sang Hu, Zihan Zhou
This paper studies the dividend and capital injection problem under a diffusion risk model with general discount functions. A proportional cost is imposed when injecting capitals.…
econ.GN2024
From Time-inconsistency to Time-consistency for Optimal Stopping Problems
Sang Hu, Zihan Zhou
For optimal stopping problems with time-inconsistent preference, we measure the inherent level of time-inconsistency by taking the time needed to turn the naive strategies into the…