de-Paz, Albert; Marin-Solano, Jesus; Navas, Jorge; … - Facultat d'Economia i Empresa, Universitat de Barcelona - 2012
In this paper we analyze how the optimal consumption, investment and life insur- ance rules are modified by the introduction of a class of time-inconsistent preferences. In particular, we account for the fact that an agents preferences evolve along the planning horizon according to her...