Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10010866535
Persistent link: https://www.econbiz.de/10010866544
For a continuous-time financial market with a single agent, we establish equilibrium pricing formulae under the assumption that the dividends follow an exponential Lévy process. The agent is allowed to consume a lump at the terminal date; before that, only flow consumption is allowed. The...
Persistent link: https://www.econbiz.de/10010866549