{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,2,28]],"date-time":"2026-02-28T16:58:19Z","timestamp":1772297899700,"version":"3.50.1"},"reference-count":15,"publisher":"Springer Science and Business Media LLC","issue":"8","license":[{"start":{"date-parts":[[2015,11,3]],"date-time":"2015-11-03T00:00:00Z","timestamp":1446508800000},"content-version":"tdm","delay-in-days":0,"URL":"http:\/\/www.springer.com\/tdm"}],"funder":[{"DOI":"10.13039\/501100001809","name":"National Natural Science Foundation of China (CN)","doi-asserted-by":"publisher","award":["71201094"],"award-info":[{"award-number":["71201094"]}],"id":[{"id":"10.13039\/501100001809","id-type":"DOI","asserted-by":"publisher"}]},{"DOI":"10.13039\/501100001809","name":"National Natural Science Foundation of China (CN)","doi-asserted-by":"publisher","award":["71201173"],"award-info":[{"award-number":["71201173"]}],"id":[{"id":"10.13039\/501100001809","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":["link.springer.com"],"crossmark-restriction":false},"short-container-title":["Optim Lett"],"published-print":{"date-parts":[[2016,12]]},"DOI":"10.1007\/s11590-015-0970-8","type":"journal-article","created":{"date-parts":[[2015,11,3]],"date-time":"2015-11-03T11:11:43Z","timestamp":1446549103000},"page":"1681-1691","update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":24,"title":["Continuous time mean-variance portfolio optimization with piecewise state-dependent risk aversion"],"prefix":"10.1007","volume":"10","author":[{"given":"Xiangyu","family":"Cui","sequence":"first","affiliation":[]},{"given":"Lu","family":"Xu","sequence":"additional","affiliation":[]},{"given":"Yan","family":"Zeng","sequence":"additional","affiliation":[]}],"member":"297","published-online":{"date-parts":[[2015,11,3]]},"reference":[{"key":"970_CR1","doi-asserted-by":"crossref","first-page":"5","DOI":"10.1007\/s10479-006-0132-6","volume":"152","author":"P Artzner","year":"2007","unstructured":"Artzner, P., Delbaen, F., Eber, J.M., Heath, D., Ku, H.: Coherent multiperod risk adjusted values and Bellman\u2019s principle. Ann. Oper. Res. 152, 5\u201322 (2007)","journal-title":"Ann. Oper. Res."},{"key":"970_CR2","doi-asserted-by":"crossref","first-page":"2970","DOI":"10.1093\/rfs\/hhq028","volume":"23","author":"S Basak","year":"2010","unstructured":"Basak, S., Chabakauri, G.: Dynamic mean-variance asset allocation. Rev. Fin. Stud. 23, 2970\u20133016 (2010)","journal-title":"Rev. Fin. Stud."},{"key":"970_CR3","doi-asserted-by":"crossref","unstructured":"Bj\u00f6rk, T., Murgoci, A.: A general theory of markovian time inconsistent stochastic control problems. Working paper, Stockholm School of Economics and Copenhagen Business School (2010)","DOI":"10.2139\/ssrn.1694759"},{"key":"970_CR4","doi-asserted-by":"crossref","first-page":"1","DOI":"10.1111\/j.1467-9965.2011.00515.x","volume":"24","author":"T Bj\u00f6rk","year":"2014","unstructured":"Bj\u00f6rk, T., Murgoci, A., Zhou, X.Y.: Mean-variance portfolio optimization with state-dependent risk aversion. Math. Fin. 24, 1\u201324 (2014)","journal-title":"Math. Fin."},{"key":"970_CR5","doi-asserted-by":"crossref","first-page":"346","DOI":"10.1111\/j.1467-9965.2010.00461.x","volume":"22","author":"XY Cui","year":"2012","unstructured":"Cui, X.Y., Li, D., Wang, S.Y., Zhu, S.S.: Better than dynamic mean-variance: time inconsistency and free cash flow stream. Math. Fin. 22, 346\u2013378 (2012)","journal-title":"Math. Fin."},{"key":"970_CR6","unstructured":"Cui, X.Y., Li, D., Li, X., Shi,Y.: Time-consistent behaviour portfolio policy for mean-variance formulation, available at SSRN (2014). http:\/\/ssrn.com\/abstract=2480299"},{"key":"970_CR7","doi-asserted-by":"crossref","first-page":"1548","DOI":"10.1137\/110853960","volume":"50","author":"Y Hu","year":"2012","unstructured":"Hu, Y., Jin, H.Q., Zhou, X.Y.: Time-inconsistent stochastic linear-quadratic control. SIAM J. Control Optim. 50, 1548\u20131572 (2012)","journal-title":"SIAM J. Control Optim."},{"key":"970_CR8","doi-asserted-by":"crossref","first-page":"1","DOI":"10.1111\/j.1467-9965.2007.00320.x","volume":"18","author":"A Jobert","year":"2008","unstructured":"Jobert, A., Rogers, L.C.: Valuations and dynamic convex risk measures. Math. Fin. 18, 1\u201322 (2008)","journal-title":"Math. Fin."},{"key":"970_CR9","doi-asserted-by":"crossref","first-page":"387","DOI":"10.1111\/1467-9965.00100","volume":"10","author":"D Li","year":"2000","unstructured":"Li, D., Ng, W.L.: Optimal dynamic portfolio selection: multi-period mean-variance formulation. Math. Fin. 10, 387\u2013406 (2000)","journal-title":"Math. Fin."},{"key":"970_CR10","first-page":"77","volume":"7","author":"HM Markowitz","year":"1952","unstructured":"Markowitz, H.M.: Portfolio selection. J. Fin. 7, 77\u201391 (1952)","journal-title":"J. Fin."},{"key":"970_CR11","doi-asserted-by":"crossref","first-page":"19","DOI":"10.1016\/j.insmatheco.2006.01.002","volume":"39","author":"E Rosazza Gianin","year":"2006","unstructured":"Rosazza Gianin, E.: Risk measures via g-expectations. Insur. Math. Econ. 39, 19\u201334 (2006)","journal-title":"Insur. Math. Econ."},{"key":"970_CR12","doi-asserted-by":"crossref","first-page":"165","DOI":"10.2307\/2295722","volume":"23","author":"R Strotz","year":"1955","unstructured":"Strotz, R.: Myopia, inconsistency in dynamic utility maximization. Rev. Econ. Stud. 23, 165\u2013180 (1955)","journal-title":"Rev. Econ. Stud."},{"key":"970_CR13","doi-asserted-by":"crossref","first-page":"184","DOI":"10.1016\/j.ejor.2010.09.038","volume":"209","author":"J Wang","year":"2011","unstructured":"Wang, J., Forsyth, P.A.: Continuous time mean variance asset allocation, a time-consistent strategy. Eur. J. Oper. Res. 209, 184\u2013201 (2011)","journal-title":"Eur. J. Oper. Res."},{"key":"970_CR14","doi-asserted-by":"crossref","unstructured":"Wu, H.L.: Time-consistent strategies for a multiperiod mean-variance portfolio selection problem. J. Appl. Math. 2013, 13 (2013)","DOI":"10.1155\/2013\/841627"},{"key":"970_CR15","doi-asserted-by":"crossref","first-page":"19","DOI":"10.1007\/s002450010003","volume":"42","author":"XY Zhou","year":"2000","unstructured":"Zhou, X.Y., Li, D.: Continuous-time mean-variance portfolio selection: a stochastic LQ framework. Appl. Math. Optim. 42, 19\u201333 (2000)","journal-title":"Appl. Math. Optim."}],"container-title":["Optimization Letters"],"original-title":[],"language":"en","link":[{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s11590-015-0970-8.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/article\/10.1007\/s11590-015-0970-8\/fulltext.html","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s11590-015-0970-8.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"similarity-checking"},{"URL":"http:\/\/link.springer.com\/content\/pdf\/10.1007\/s11590-015-0970-8","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2019,9,1]],"date-time":"2019-09-01T02:45:09Z","timestamp":1567305909000},"score":1,"resource":{"primary":{"URL":"http:\/\/link.springer.com\/10.1007\/s11590-015-0970-8"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2015,11,3]]},"references-count":15,"journal-issue":{"issue":"8","published-print":{"date-parts":[[2016,12]]}},"alternative-id":["970"],"URL":"https:\/\/doi.org\/10.1007\/s11590-015-0970-8","relation":{},"ISSN":["1862-4472","1862-4480"],"issn-type":[{"value":"1862-4472","type":"print"},{"value":"1862-4480","type":"electronic"}],"subject":[],"published":{"date-parts":[[2015,11,3]]}}}