𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Optimal Redistribution When Tastes Differ

✍ Scribed by Agnar Sandmo

Book ID
124983755
Publisher
Mohr Siebeck
Year
1993
Tongue
English
Weight
978 KB
Volume
50
Category
Article
ISSN
0015-2218

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

Optimal growth when tastes are inherited
Optimal growth when tastes are inherited
✍ David de la Croix; Philippe Michel πŸ“‚ Article πŸ“… 1999 πŸ› Elsevier Science 🌐 English βš– 210 KB

We address the issue of optimal growth when standard-of-living aspirations are transmitted from one generation to the next. We derive the condition for the optimal solution to be stable in the saddle-point sense and show that this optimal solution may display damped oscillations even when the planne