Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Optimal Investment-Consumption-Insurance with Durable and Perishable
  Consumption Goods in a Jump Diffusion Market   We investigate an optimal investment-consumption and optimal level of
insurance on durable consumption goods with a positive loading in a
continuous-time economy. We assume that the economic agent invests in the
financial market and in durable as well as perishable consumption goods to
derive utilities from consumption over time in a jump-diffusion market.
Assuming that the financial assets and durable consumption goods can be traded
without transaction costs, we provide a semi-explicit solution for the optimal
insurance coverage for durable goods and financial asset. With transaction
costs for trading the durable good proportional to the total value of the
durable good, we formulate the agent's optimization problem as a combined
stochastic and impulse control problem, with an implicit intervention value
function. We solve this problem numerically using stopping time iteration, and
analyze the numerical results using illustrative examples.

30
The categories of this paper are: q-alg
19
The categories of this paper are: eess
32
The categories of this paper are: atom-ph
25
The categories of this paper are: patt-sol
27
The categories of this paper are: comp-gas
2
The categories of this paper are: math
20
The categories of this paper are: acc-phys
11
The categories of this paper are: hep-lat
5
The categories of this paper are: gr-qc
33
The categories of this paper are: plasm-ph
1
The categories of this paper are: cs
8
The categories of this paper are: hep-ex
14
The categories of this paper are: math-ph
9
The categories of this paper are: nlin
10
The categories of this paper are: q-bio
3
The categories of this paper are: physics