decision making. Participants acting as investors can tie their incentives to either a human fund manager or an investment …

Bottom-up optimization models neglect the inclusion of investment behavior We introduce three investor types that … differ in their investment cost specifications, financing costs, and discounting. This leads to a substantially different … accounting for more differentiated picture of electricity market investment with heterogeneous investor types can provide a …

This paper studies the optimal investment and consumption strategies in a two-asset model. A dynamic Value …-at-Risk constraint is imposed to manage the wealth process. By using Value at Risk as the risk measure during the investment horizon, the … optimal investment, consumption strategies, and observation strength. Numerical simulation results are provided to illustrate …