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  • Optimal Consumption Strategy in the Presence of Default Risk: Discrete-Time Case

    Optimal Consumption Strategy in the Presence of Default Risk: Discrete-Time Case Discusses the optimal consumption strategy in the presence of default risk. It highlights the Regime-Switching ...

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    • Authors: Hailiang Yang, Eric Cheung
    • Date: Aug 2004
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Finance & Investments
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