{"id":"https://openalex.org/W2114841244","doi":"https://doi.org/10.1007/s00780-014-0248-5","title":"Necessary and sufficient conditions in the problem of optimal investment with intermediate consumption","display_name":"Necessary and sufficient conditions in the problem of optimal investment with intermediate consumption","publication_year":2014,"publication_date":"2014-10-13","ids":{"openalex":"https://openalex.org/W2114841244","doi":"https://doi.org/10.1007/s00780-014-0248-5","mag":"2114841244"},"language":"en","primary_location":{"id":"doi:10.1007/s00780-014-0248-5","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s00780-014-0248-5","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"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":"Finance and Stochastics","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/A5072225223","display_name":"Oleksii Mostovyi","orcid":"https://orcid.org/0000-0003-4780-3751"},"institutions":[{"id":"https://openalex.org/I86519309","display_name":"The University of Texas at Austin","ror":"https://ror.org/00hj54h04","country_code":"US","type":"education","lineage":["https://openalex.org/I86519309"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Oleksii Mostovyi","raw_affiliation_strings":["Department of Mathematics, The University of Texas at Austin, 1 University Station C 1200, Austin, TX, 78712-0257, USA","The University of Texas, at Austin"],"affiliations":[{"raw_affiliation_string":"Department of Mathematics, The University of Texas at Austin, 1 University Station C 1200, Austin, TX, 78712-0257, USA","institution_ids":["https://openalex.org/I86519309"]},{"raw_affiliation_string":"The University of Texas, at Austin","institution_ids":["https://openalex.org/I86519309"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5072225223"],"corresponding_institution_ids":["https://openalex.org/I86519309"],"apc_list":{"value":2290,"currency":"EUR","value_usd":2890},"apc_paid":null,"fwci":7.7601,"has_fulltext":false,"cited_by_count":55,"citation_normalized_percentile":{"value":0.97369255,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"19","issue":"1","first_page":"135","last_page":"159"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9991999864578247,"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":0.9991999864578247,"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":0.9724000096321106,"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/T11413","display_name":"Risk and Portfolio Optimization","score":0.9502000212669373,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/semimartingale","display_name":"Semimartingale","score":0.9492950439453125},{"id":"https://openalex.org/keywords/mathematical-finance","display_name":"Mathematical finance","score":0.8252102732658386},{"id":"https://openalex.org/keywords/consumption","display_name":"Consumption (sociology)","score":0.6770819425582886},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.5970637798309326},{"id":"https://openalex.org/keywords/incomplete-markets","display_name":"Incomplete markets","score":0.5565236210823059},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.5426247119903564},{"id":"https://openalex.org/keywords/dual","display_name":"Dual (grammatical number)","score":0.5387042760848999},{"id":"https://openalex.org/keywords/key","display_name":"Key (lock)","score":0.5318794846534729},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5153326392173767},{"id":"https://openalex.org/keywords/financial-market","display_name":"Financial market","score":0.4362880289554596},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.42349737882614136},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.4213932454586029},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.40064218640327454},{"id":"https://openalex.org/keywords/applied-mathematics","display_name":"Applied mathematics","score":0.30343642830848694},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.2773735523223877},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.24706748127937317},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.23315244913101196},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.208359956741333}],"concepts":[{"id":"https://openalex.org/C39943821","wikidata":"https://www.wikidata.org/wiki/Q506346","display_name":"Semimartingale","level":2,"score":0.9492950439453125},{"id":"https://openalex.org/C93373587","wikidata":"https://www.wikidata.org/wiki/Q335632","display_name":"Mathematical finance","level":2,"score":0.8252102732658386},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.6770819425582886},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5970637798309326},{"id":"https://openalex.org/C109354906","wikidata":"https://www.wikidata.org/wiki/Q6015174","display_name":"Incomplete markets","level":2,"score":0.5565236210823059},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.5426247119903564},{"id":"https://openalex.org/C2780980858","wikidata":"https://www.wikidata.org/wiki/Q110022","display_name":"Dual (grammatical number)","level":2,"score":0.5387042760848999},{"id":"https://openalex.org/C26517878","wikidata":"https://www.wikidata.org/wiki/Q228039","display_name":"Key (lock)","level":2,"score":0.5318794846534729},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5153326392173767},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.4362880289554596},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.42349737882614136},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.4213932454586029},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.40064218640327454},{"id":"https://openalex.org/C28826006","wikidata":"https://www.wikidata.org/wiki/Q33521","display_name":"Applied mathematics","level":1,"score":0.30343642830848694},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2773735523223877},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.24706748127937317},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.23315244913101196},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.208359956741333},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C124952713","wikidata":"https://www.wikidata.org/wiki/Q8242","display_name":"Literature","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"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/C142362112","wikidata":"https://www.wikidata.org/wiki/Q735","display_name":"Art","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1007/s00780-014-0248-5","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s00780-014-0248-5","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"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":"Finance and Stochastics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:spr:finsto:v:19:y:2015:i:1:p:135-159","is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1007/s00780-014-0248-5","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":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":44,"referenced_works":["https://openalex.org/W13999153","https://openalex.org/W80017163","https://openalex.org/W87335926","https://openalex.org/W206991483","https://openalex.org/W1482759850","https://openalex.org/W1483255752","https://openalex.org/W1963901383","https://openalex.org/W1978300329","https://openalex.org/W1979627408","https://openalex.org/W1983652428","https://openalex.org/W1984697146","https://openalex.org/W1986077423","https://openalex.org/W1988132260","https://openalex.org/W1995522593","https://openalex.org/W2004631194","https://openalex.org/W2005158847","https://openalex.org/W2009611555","https://openalex.org/W2011084783","https://openalex.org/W2015712383","https://openalex.org/W2018172082","https://openalex.org/W2022958749","https://openalex.org/W2029629802","https://openalex.org/W2041537059","https://openalex.org/W2042775870","https://openalex.org/W2052247664","https://openalex.org/W2076458153","https://openalex.org/W2081877251","https://openalex.org/W2085716282","https://openalex.org/W2090220594","https://openalex.org/W2095487918","https://openalex.org/W2107436350","https://openalex.org/W2115163282","https://openalex.org/W2131009816","https://openalex.org/W2164288937","https://openalex.org/W2169442762","https://openalex.org/W2287678325","https://openalex.org/W2950346290","https://openalex.org/W2952689398","https://openalex.org/W3121877303","https://openalex.org/W3122045776","https://openalex.org/W4244967830","https://openalex.org/W4249667877","https://openalex.org/W4297575875","https://openalex.org/W4297584681"],"related_works":["https://openalex.org/W2114841244","https://openalex.org/W3122470602","https://openalex.org/W2049837257","https://openalex.org/W2155429742","https://openalex.org/W2134708011","https://openalex.org/W2964126660","https://openalex.org/W1967585201","https://openalex.org/W2613463928","https://openalex.org/W4297525521","https://openalex.org/W1666537522"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":9},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":9},{"year":2017,"cited_by_count":9},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":2}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}