{"id":"https://openalex.org/W2042652972","doi":"https://doi.org/10.1007/s001860400391","title":"A preference change and discretionary stopping in a consumption and porfolio selection problem","display_name":"A preference change and discretionary stopping in a consumption and porfolio selection problem","publication_year":2005,"publication_date":"2005-07-01","ids":{"openalex":"https://openalex.org/W2042652972","doi":"https://doi.org/10.1007/s001860400391","mag":"2042652972"},"language":"en","primary_location":{"id":"doi:10.1007/s001860400391","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s001860400391","pdf_url":null,"source":{"id":"https://openalex.org/S126160977","display_name":"Mathematical Methods of Operations Research","issn_l":"1432-2994","issn":["1432-2994","1432-5217"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical Methods of Operations Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5047398721","display_name":"Kyoung Jin Choi","orcid":"https://orcid.org/0000-0002-6669-184X"},"institutions":[{"id":"https://openalex.org/I125608817","display_name":"Korea Institute for Advanced Study","ror":"https://ror.org/041hz9568","country_code":"KR","type":"facility","lineage":["https://openalex.org/I125608817"]}],"countries":["KR"],"is_corresponding":false,"raw_author_name":"Kyoung Jin Choi","raw_affiliation_strings":["Korea Institute for Advanced Study, School of Computational Sciences, Seoul, 207-43, Korea","Korea Institute for Advanced Study School of Computational Sciences Seoul Korea"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Korea Institute for Advanced Study, School of Computational Sciences, Seoul, 207-43, Korea","institution_ids":["https://openalex.org/I125608817"]},{"raw_affiliation_string":"Korea Institute for Advanced Study School of Computational Sciences Seoul Korea","institution_ids":["https://openalex.org/I125608817"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5036250732","display_name":"Hyeng Keun Koo","orcid":"https://orcid.org/0000-0003-0344-884X"},"institutions":[{"id":"https://openalex.org/I57664883","display_name":"Ajou University","ror":"https://ror.org/03tzb2h73","country_code":"KR","type":"education","lineage":["https://openalex.org/I57664883"]}],"countries":["KR"],"is_corresponding":true,"raw_author_name":"Hyeng Keun Koo","raw_affiliation_strings":["School of Business Administration, Ajou University, Suwon, 442-749, Korea","School of Business Administration, Ajou University, Suwon, Korea"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Business Administration, Ajou University, Suwon, 442-749, Korea","institution_ids":["https://openalex.org/I57664883"]},{"raw_affiliation_string":"School of Business Administration, Ajou University, Suwon, Korea","institution_ids":["https://openalex.org/I57664883"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5036250732"],"corresponding_institution_ids":["https://openalex.org/I57664883"],"apc_list":{"value":2890,"currency":"USD","value_usd":2890},"apc_paid":null,"fwci":1.9081,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.87672845,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"61","issue":"3","first_page":"419","last_page":"435"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9925000071525574,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9911999702453613,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/optimal-stopping","display_name":"Optimal stopping","score":0.8108900785446167},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.7559511661529541},{"id":"https://openalex.org/keywords/stopping-time","display_name":"Stopping time","score":0.7421241402626038},{"id":"https://openalex.org/keywords/preference","display_name":"Preference","score":0.6444168090820312},{"id":"https://openalex.org/keywords/consumption","display_name":"Consumption (sociology)","score":0.585205078125},{"id":"https://openalex.org/keywords/time-preference","display_name":"Time preference","score":0.5682885646820068},{"id":"https://openalex.org/keywords/selection","display_name":"Selection (genetic algorithm)","score":0.5671753883361816},{"id":"https://openalex.org/keywords/bellman-equation","display_name":"Bellman equation","score":0.4687614142894745},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.46525058150291443},{"id":"https://openalex.org/keywords/risk-aversion","display_name":"Risk aversion (psychology)","score":0.43967074155807495},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.42916280031204224},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.4080754220485687},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.38105490803718567},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.35404735803604126},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3334752321243286},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.3281746208667755},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.3026426136493683},{"id":"https://openalex.org/keywords/expected-utility-hypothesis","display_name":"Expected utility hypothesis","score":0.2424824833869934},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.12817740440368652},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.07495281100273132},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.06897285580635071}],"concepts":[{"id":"https://openalex.org/C99414536","wikidata":"https://www.wikidata.org/wiki/Q7098950","display_name":"Optimal stopping","level":2,"score":0.8108900785446167},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.7559511661529541},{"id":"https://openalex.org/C99888217","wikidata":"https://www.wikidata.org/wiki/Q1288707","display_name":"Stopping time","level":2,"score":0.7421241402626038},{"id":"https://openalex.org/C2781249084","wikidata":"https://www.wikidata.org/wiki/Q908656","display_name":"Preference","level":2,"score":0.6444168090820312},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.585205078125},{"id":"https://openalex.org/C178562925","wikidata":"https://www.wikidata.org/wiki/Q186412","display_name":"Time preference","level":2,"score":0.5682885646820068},{"id":"https://openalex.org/C81917197","wikidata":"https://www.wikidata.org/wiki/Q628760","display_name":"Selection (genetic algorithm)","level":2,"score":0.5671753883361816},{"id":"https://openalex.org/C14646407","wikidata":"https://www.wikidata.org/wiki/Q1430750","display_name":"Bellman equation","level":2,"score":0.4687614142894745},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.46525058150291443},{"id":"https://openalex.org/C129915516","wikidata":"https://www.wikidata.org/wiki/Q17083550","display_name":"Risk aversion (psychology)","level":3,"score":0.43967074155807495},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.42916280031204224},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.4080754220485687},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.38105490803718567},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.35404735803604126},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3334752321243286},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3281746208667755},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3026426136493683},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.2424824833869934},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.12817740440368652},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.07495281100273132},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.06897285580635071},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1007/s001860400391","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s001860400391","pdf_url":null,"source":{"id":"https://openalex.org/S126160977","display_name":"Mathematical Methods of Operations Research","issn_l":"1432-2994","issn":["1432-2994","1432-5217"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mathematical Methods of Operations Research","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:spr:compst:v:61:y:2005:i:3:p:419-435","is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1007/s001860400391","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Zero hunger","score":0.5,"id":"https://metadata.un.org/sdg/2"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":12,"referenced_works":["https://openalex.org/W1963901383","https://openalex.org/W1984697146","https://openalex.org/W2005158847","https://openalex.org/W2042775870","https://openalex.org/W2090220594","https://openalex.org/W2091020872","https://openalex.org/W2096213111","https://openalex.org/W2112196420","https://openalex.org/W2132264535","https://openalex.org/W2141436719","https://openalex.org/W2147573599","https://openalex.org/W2795413297"],"related_works":["https://openalex.org/W4316830005","https://openalex.org/W3097642646","https://openalex.org/W2022139826","https://openalex.org/W3123468487","https://openalex.org/W2002489931","https://openalex.org/W2349258365","https://openalex.org/W2353249848","https://openalex.org/W2090158052","https://openalex.org/W2019095732","https://openalex.org/W2767258356"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-07-25T15:57:00.446498","created_date":"2025-10-10T00:00:00"}
