A Mixed Model of Optimal Saving

Autor:	Ana Maria Lucia Casademunt, Irina Georgescu, Adolfo Cristobal Campoamor
Jazyk:	angličtina
Rok vydání:	2016
Předmět:	Mixed model business.industry Income risk Econometrics Economics Fuzzy number Background risk business Random variable health care economics and organizations Risk management Possibility theory
Zdroj:	Brújula Universidad Loyola Andalucía Advances in Intelligent Systems and Computing ISBN: 9783319401102 Decision Economics@DCAI
Popis:	This paper proposes a mixed model to study a consumer’s optimal saving in the presence of two types of risk: income risk and background risk. In this model the income risk is represented by a fuzzy number and the background risk by a random variable. Three notions of precautionary saving are defined as indicators of the extra saving induced by the income and the background risk on the consumer’s optimal choice.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::788455534bb57d3d55896c361d8b5e17 https://hdl.handle.net/20.500.12412/439 Zobrazit plný text záznamu