{"id":"https://openalex.org/W2089156345","doi":"https://doi.org/10.1137/090775841","title":"Representations for Optimal Stopping under Dynamic Monetary Utility Functionals","display_name":"Representations for Optimal Stopping under Dynamic Monetary Utility Functionals","publication_year":2010,"publication_date":"2010-01-01","ids":{"openalex":"https://openalex.org/W2089156345","doi":"https://doi.org/10.1137/090775841","mag":"2089156345"},"language":"en","primary_location":{"id":"doi:10.1137/090775841","is_oa":false,"landing_page_url":"https://doi.org/10.1137/090775841","pdf_url":null,"source":{"id":"https://openalex.org/S75627377","display_name":"SIAM Journal on Financial Mathematics","issn_l":"1945-497X","issn":["1945-497X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320508","host_organization_name":"Society for Industrial and Applied Mathematics","host_organization_lineage":["https://openalex.org/P4310320508"],"host_organization_lineage_names":["Society for Industrial and Applied Mathematics"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SIAM Journal on Financial Mathematics","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/A5075851935","display_name":"Volker Kr\u00e4tschmer","orcid":"https://orcid.org/0000-0002-7417-9053"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Volker Kr\u00e4tschmer","raw_affiliation_strings":["kraetsch@wias-berlin.de#TAB#"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"kraetsch@wias-berlin.de#TAB#","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5051629581","display_name":"John Schoenmakers","orcid":"https://orcid.org/0000-0002-4389-8266"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"John Schoenmakers","raw_affiliation_strings":["schoenma@wias-berlin.de#TAB#"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"schoenma@wias-berlin.de#TAB#","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.1266,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.83600438,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"1","issue":"1","first_page":"811","last_page":"832"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9994999766349792,"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":0.9994999766349792,"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":0.9941999912261963,"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/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9876999855041504,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and 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":0.6911446452140808},{"id":"https://openalex.org/keywords/generalization","display_name":"Generalization","score":0.6834526658058167},{"id":"https://openalex.org/keywords/dual","display_name":"Dual (grammatical number)","score":0.6557204127311707},{"id":"https://openalex.org/keywords/context","display_name":"Context (archaeology)","score":0.5759388208389282},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.5269017219543457},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.5207067131996155},{"id":"https://openalex.org/keywords/consumption","display_name":"Consumption (sociology)","score":0.42549681663513184},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.4069291949272156},{"id":"https://openalex.org/keywords/applied-mathematics","display_name":"Applied mathematics","score":0.3896331787109375},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3568904399871826},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.32108259201049805}],"concepts":[{"id":"https://openalex.org/C99414536","wikidata":"https://www.wikidata.org/wiki/Q7098950","display_name":"Optimal stopping","level":2,"score":0.6911446452140808},{"id":"https://openalex.org/C177148314","wikidata":"https://www.wikidata.org/wiki/Q170084","display_name":"Generalization","level":2,"score":0.6834526658058167},{"id":"https://openalex.org/C2780980858","wikidata":"https://www.wikidata.org/wiki/Q110022","display_name":"Dual (grammatical number)","level":2,"score":0.6557204127311707},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.5759388208389282},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.5269017219543457},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.5207067131996155},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.42549681663513184},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.4069291949272156},{"id":"https://openalex.org/C28826006","wikidata":"https://www.wikidata.org/wiki/Q33521","display_name":"Applied mathematics","level":1,"score":0.3896331787109375},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3568904399871826},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.32108259201049805},{"id":"https://openalex.org/C142362112","wikidata":"https://www.wikidata.org/wiki/Q735","display_name":"Art","level":0,"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/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"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/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1137/090775841","is_oa":false,"landing_page_url":"https://doi.org/10.1137/090775841","pdf_url":null,"source":{"id":"https://openalex.org/S75627377","display_name":"SIAM Journal on Financial Mathematics","issn_l":"1945-497X","issn":["1945-497X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320508","host_organization_name":"Society for Industrial and Applied Mathematics","host_organization_lineage":["https://openalex.org/P4310320508"],"host_organization_lineage_names":["Society for Industrial and Applied Mathematics"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SIAM Journal on Financial Mathematics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":37,"referenced_works":["https://openalex.org/W1542924413","https://openalex.org/W1561812863","https://openalex.org/W1593130155","https://openalex.org/W1743952524","https://openalex.org/W1963667022","https://openalex.org/W1980174714","https://openalex.org/W1981151146","https://openalex.org/W1984202064","https://openalex.org/W1986882149","https://openalex.org/W2017684264","https://openalex.org/W2019291268","https://openalex.org/W2028548809","https://openalex.org/W2064724620","https://openalex.org/W2069326331","https://openalex.org/W2078286993","https://openalex.org/W2098799539","https://openalex.org/W2118821424","https://openalex.org/W2118940214","https://openalex.org/W2120630305","https://openalex.org/W2124833738","https://openalex.org/W2126311658","https://openalex.org/W2131005333","https://openalex.org/W2136862484","https://openalex.org/W2137824542","https://openalex.org/W2150831239","https://openalex.org/W2152565894","https://openalex.org/W2157883119","https://openalex.org/W2158419444","https://openalex.org/W2161088186","https://openalex.org/W2176867255","https://openalex.org/W2264654563","https://openalex.org/W2950365813","https://openalex.org/W3106101822","https://openalex.org/W3122113998","https://openalex.org/W3122935997","https://openalex.org/W3123094732","https://openalex.org/W3124696154"],"related_works":["https://openalex.org/W2899084033","https://openalex.org/W1971753667","https://openalex.org/W2052275678","https://openalex.org/W1997271576","https://openalex.org/W2348187822","https://openalex.org/W2068208308","https://openalex.org/W2946992918","https://openalex.org/W2082669437","https://openalex.org/W2885094885","https://openalex.org/W2531056186"],"abstract_inverted_index":{"In":[0],"this":[1,46],"paper":[2],"we":[3],"consider":[4],"the":[5,18,22,65,80,91],"optimal":[6,25],"stopping":[7,26],"problem":[8],"for":[9,17,38],"general":[10,68],"dynamic":[11,69],"monetary":[12,70],"utility":[13,71,92],"functionals.":[14,72],"Sufficient":[15],"conditions":[16],"Bellman":[19],"principle":[20],"and":[21,56,58],"existence":[23],"of":[24,49,67,82,90],"times":[27],"are":[28,62],"provided.":[29],"Particular":[30],"attention":[31],"is":[32],"paid":[33],"to":[34],"representations":[35],"which":[36],"allow":[37],"a":[39,74,83],"numerical":[40],"treatment":[41],"in":[42,64],"real":[43],"situations.":[44],"To":[45],"aim,":[47],"generalizations":[48],"standard":[50],"evaluation":[51],"methods":[52],"like":[53],"policy":[54],"iteration":[55],"dual":[57],"consumption":[59],"based":[60],"approaches":[61],"developed":[63],"context":[66],"As":[73],"result,":[75],"it":[76],"turns":[77],"out":[78],"that":[79],"possibility":[81],"particular":[84],"generalization":[85],"depends":[86],"on":[87],"specific":[88],"properties":[89],"functional":[93],"under":[94],"consideration.":[95]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}