Value management
将多期投资组合选择中的增长最大化准则推广，允许中间消费，要求初始组合价值按给定增长模式变化，并在确定性和不确定性条件下求解非线性优化问题。
Growth maximization as a criterion for multiperiod portfolio selection implies zero consumption before the planning horizon. To allow for intermediate consumption in this paper growth maximization is generalized by the condition that the initial portfolio value follows a given growth pattern. It is shown that a solution can be found by solving an appropriate nonlinear optimization problem. The analysis is carried out under conditions of certainty and uncertainty.