Optimal Consumption under Relaxed Benchmark Tracking and Consumption Drawdown Constraint

Lijun Bo, Yijie Huang, Kaixin Yan, Xiang Yu. Optimal Consumption under Relaxed Benchmark Tracking and Consumption Drawdown Constraint. SIAM J. Financial Math., 17(1):78-117, 2026. [doi]

@article{BoHYY26,
  title = {Optimal Consumption under Relaxed Benchmark Tracking and Consumption Drawdown Constraint},
  author = {Lijun Bo and Yijie Huang and Kaixin Yan and Xiang Yu},
  year = {2026},
  doi = {10.1137/25m1728375},
  url = {https://doi.org/10.1137/25m1728375},
  researchr = {https://researchr.org/publication/BoHYY26},
  cites = {0},
  citedby = {0},
  journal = {SIAM J. Financial Math.},
  volume = {17},
  number = {1},
  pages = {78-117},
}