2 citations · 2 across the 3 of their papers we have counts for
3 papers
q-fin.PM2022
Smoothness of the Value Function for Optimal Consumption Model with Consumption-Wealth Utility and Borrowing Constraint
Weidong Tian, Zimu Zhu
This paper studies an optimal consumption-investment problem for an investor whose instantaneous utility depends on both consumption and wealth, and the investor faces a general bo…
econ.TH2021
Long Run Law and Entropy
Weidong Tian
This paper demonstrates the additive and multiplicative version of a long-run law of unexpected shocks for any economic variable. We derive these long-run laws by the martingale th…
q-fin.PM2020★ 2 cited
A Portfolio Choice Problem Under Risk Capacity Constraint
Weidong Tian, Zimu Zhu
This paper studies an optimal investing problem for a retiree facing longevity risk and living standard risk. We formulate the investing problem as a portfolio choice problem under…