1 citations · 1 across the 1 of their papers we have counts for
2 papers
q-fin.PM2015★ 1 cited
Minimizing the Expected Lifetime Spent in Drawdown under Proportional Consumption
Bahman Angoshtari, Erhan Bayraktar, Virginia R. Young
We determine the optimal amount to invest in a Black-Scholes financial market for an individual who consumes at a rate equal to a constant proportion of her wealth and who wishes t…
q-fin.MF2015
Optimally Investing to Reach a Bequest Goal
Erhan Bayraktar, Virginia R. Young
We determine the optimal strategy for investing in a Black-Scholes market in order to maximize the probability that wealth at death meets a bequest goal , a type of goal-seeking…