Expectation formation in an overlapping generation model with production
نویسندگان
چکیده
منابع مشابه
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We address the issue of existence of an allocation rule that satis es both Pareto e ciency and a suitable notion of no-envy in the overlapping generations' economy formulated by Samuelson (1958). Recent contributions to dynamic social welfare analysis have insisted on intergenerational equity by comparing in nite horizon utility streams (see among others Fleurbaey and Michel 2003; Basu and Mitr...
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ژورنال
عنوان ژورنال: Chaos: An Interdisciplinary Journal of Nonlinear Science
سال: 2016
ISSN: 1054-1500,1089-7682
DOI: 10.1063/1.4942798