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Optimal Investment Strategy to Minimize Occupation Time
Optimal Investment Strategy Minimize Occupation Time
2010/12/20
We find the optimal investment strategy to minimize the expected time that an individual's wealth stays below zero, the so-called {\it occupation time}. The individual consumes at a constant rate and...
12 March 2007，Union members of Lastik-İş, ICEM’s Turkish trade union affiliate in chemicals and rubber, returned to their jobs at a pharmaceutical factory in Istanbul, following a six-day pl...