We develop a new solution method for a broad class of discrete-time dynamic portfolio choice problems. The method efficiently approximates conditional expectations of the value function by using (i) a ...

Set up, test and tweak this filter in PartSim to see it’s behavior before building it. The state-variable realization offers the most precise implementation at the expense of many more circuit ...

In the United States, significant health disparities exist along the axes of age, sex/gender, and race/ethnicity, reflected in the distribution of chronic and life-threatening conditions such as a ...

This is a preview. Log in through your library . Abstract This paper examines the role of the player type distributions in repeated zero sum games of incomplete information with discounting of payoffs ...