Optimal Asset Allocation and Life Annuity Payment Strategy under Cobb-Douglas Utility and Epstein-Zin Recursive Utility

Association Journal of CSIAM
Supervised by Ministry of Education of PRC
Sponsored by Xi'an Jiaotong University
ISSN 1005-3085 CN 61-1269/O1

Optimal Asset Allocation and Life Annuity Payment Strategy under Cobb-Douglas Utility and Epstein-Zin Recursive Utility

WANG Suxin, RONG Ximin, ZHAO Hui

Chinese Journal of Engineering Mathematics . 2025, (1): 139 -158 .