A stochastic differential game between two hybrid pension fund managers under a jump-diffusion liability process
Background Hybrid defined contribution (DC) pension funds, combining fixed contributions with stochastic liability dynamics, face competitive pressures when members reallocate contributions to higher-performing funds. Methods We model two competing hybrid DC pension fund managers in a stochastic differential game. Liab...
Oteng Keganneng, Eriyoti Chikodza, Othusitse Basimanebotlhe
· Frontiers in Applied Mathema... · 0 citations