| Title | A Mixed Model of Optimal Saving |
|---|---|
| Authors | Georgescu, Irina , CRISTOBAL CAMPOAMOR, ADOLFO, LUCIA CASADEMUNT, ANA MARÍA |
| External publication | No |
| Means | Adv. Intell. Sys. Comput. |
| Scope | Proceedings Paper |
| Nature | Científica |
| Web | https://www.scopus.com/inward/record.uri?eid=2-s2.0-84976439894&doi=10.1007%2f978-3-319-40111-9_3&partnerID=40&md5=992e199209a3e28dc60b076ef5f184e7 |
| Publication date | 01/01/2016 |
| ISI | 000389726600003 |
| Scopus Id | 2-s2.0-84976439894 |
| DOI | 10.1007/978-3-319-40111-9_3 |
| Abstract | This paper proposes a mixed model to study a consumer\'s optimal saving in the presence of two types of risk: income risk and background risk. In this model the income risk is represented by a fuzzy number and the background risk by a random variable. Three notions of precautionary saving are defined as indicators of the extra saving induced by the income and the background risk on the consumer\'s optimal choice. |
| Keywords | Saving; Background risk; Income risk; Possibility theory |
| Universidad Loyola members |