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Extended Abstracts Summer 2015 pp 115–120Cite as

Birkhäuser

On Time-Consistent Portfolios with Time-Inconsistent Preferences

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Part of the book series: Trends in Mathematics ((RPCRMB,volume 6))

Abstract

Time-consistent equilibria are studied for intertemporal problems with general discount functions. An investment consumption model with life insurance is analyzed. Equilibrium strategies are derived for two classes of discount functions: time-distance discounting and heterogeneous discounting.

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References

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Acknowledgements

This work has been partially supported by MEC (Spain) Grant ECO2013-48248-P.

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Authors and Affiliations

  1. Departament de Matemàtica Econòmica, Financera i Actuarial, Universitat de Barcelona, Barcelona, Spain

    Jesús Marín-Solano

Authors
  1. Jesús Marín-Solano
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Correspondence to Jesús Marín-Solano .

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Editors and Affiliations

  1. Departament de Ciències de la Computació, Universitat Politècnica de Catalunya, Barcelona, Spain

    Josep Díaz

  2. Department of Mathematics, National and Kapodistrian University, Zografos, Greece

    Lefteris Kirousis

  3. Department of Econometrics, University of Barcelona, Barcelona, Spain

    Luis Ortiz-Gracia

  4. Departament de Ciències de la Computació, Universitat Politècnica de Catalunya, Barcelona, Spain

    Maria Serna

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Marín-Solano, J. (2017). On Time-Consistent Portfolios with Time-Inconsistent Preferences. In: Díaz, J., Kirousis, L., Ortiz-Gracia, L., Serna, M. (eds) Extended Abstracts Summer 2015. Trends in Mathematics(), vol 6. Birkhäuser, Cham. https://doi.org/10.1007/978-3-319-51753-7_19

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