- Duffie & Epstein (1992b) also proposed a type of BSDE independently to characterize the stochastic differential utility (SDU).
Duffie & Epstein(1992b)在研究随机微分效用过程中也独立地引进了一类倒向随机微分方程。
- At last, we extend the finite horizon to the infinite horizon and present the form of stochastic differential utility under the infinite horizon.
- By the comparison theorem, a series of properties of the backward-forward differential utility process is gotten, such as time consistence, monotonicity with respect to the terminal value, monotonicity with respect to the consumption and concavity.
- Differential utilization of energy during wintering and spawning migration of anchovy in the Yellow
- We have mapped out plans for their utilization.