Title of article :
Growth and utility maximization
Author/Authors :
Klaus Hellwig، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2002
Abstract :
The concept of growth maximization as a criterion for multiperiod portfolio selection is generalized. It is shown that relaxing the condition of maximum growth can lead to an inconsistency with the utility maximization concept
Keywords :
Growth , Utility maximization
Journal title :
Economics Letters
Journal title :
Economics Letters
