Abstract.
A generalization is presented of the existence results for an optimal consumption problem of Aumann and Perles [4] and Cox and Huang [10]. In addition, we present a very general optimality principle.
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Received: July 14, 1999; revised version: September 9, 1999
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Balder, E., Pistorius, M. On an optimal consumption problem for p-integrable consumption plans. Econ Theory 17, 721–737 (2001). https://doi.org/10.1007/PL00004126
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DOI: https://doi.org/10.1007/PL00004126