Optimal Consumption and Portfolio Strategies in a Discrete-Time Model with Summary-Dependent Preferences
构建了一个偏好模型，其中当前财富和过去消费的摘要描述影响未来消费偏好，并据此推导最优消费与投资组合策略的关系，结果补充和扩展了先前模型。
A preference model wherein current wealth and a summary description of past consumption condition preferences for future consumption is used to develop relationships between optimal consumption and portfolio strategies. Financial variables are described by a continuous-time, continuous-state, stochastic process. The results complement and extend results of previous models.