2 papers
math.OC2026
Time-Inconsistent Singular Dividend Control with Regime Switching and Bankruptcy
Xiaochen Chen, Guohui Guan, Zongxia Liang +1
This paper studies infinite-horizon equilibrium dividend distribution for a firm whose surplus follows a diffusion under observable Markov regime switching and is absorbed at bankr…
math.OC2024
Equilibrium portfolio selection under beliefs-dependent utilities
Xiaochen Chen, Guohui Guan, Zongxia Liang
This paper investigates portfolio selection within a continuous-time financial market with regime-switching and beliefs-dependent utilities. The market coefficients and the investo…