A Martingale approach to optimal portfolios with jump-diffusions and benchmarks

We consider various portfolio optimization problems when the stock prices follow jump-diusion processes. In the first part the classical optimal consumption-investment problem is considered. The investor's goal is to maximize utility from consumption and terminal wealth over a finite investment...

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Bibliographic Details
Main Author: Michelbrink, Daniel
Format: Thesis (University of Nottingham only)
Language:English
Published: 2012
Online Access:https://eprints.nottingham.ac.uk/12612/