{"entities":{"Q1068682":{"pageid":1079434,"ns":120,"title":"Item:Q1068682","lastrevid":69777909,"modified":"2026-04-13T09:19:40Z","type":"item","id":"Q1068682","labels":{"en":{"language":"en","value":"The existence of optimal consumption policies in optimal economic growth models with nonconvex technologies"}},"descriptions":{"en":{"language":"en","value":"scientific article; zbMATH DE number 3932737"}},"aliases":{},"claims":{"P31":[{"mainsnak":{"snaktype":"value","property":"P31","hash":"fd5912e4dab4b881a8eb0eb27e7893fef55176ad","datavalue":{"value":{"entity-type":"item","numeric-id":56887,"id":"Q56887"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$0A553630-8423-429C-B409-18AEE8CD2C57","rank":"normal"}],"P159":[{"mainsnak":{"snaktype":"value","property":"P159","hash":"9a0e7d7cc374d61588d7eac982750a41a3fd3126","datavalue":{"value":{"text":"The existence of optimal consumption policies in optimal economic growth models with nonconvex technologies","language":"en"},"type":"monolingualtext"},"datatype":"monolingualtext"},"type":"statement","id":"Q1068682$8D1B121E-F2FA-414B-B83A-0194F7BBE2C0","rank":"normal"}],"P225":[{"mainsnak":{"snaktype":"value","property":"P225","hash":"aa74f3ebb32d7b9bb559f31b88b949f89127dddd","datavalue":{"value":"0582.90018","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1068682$27EC9574-F81D-4A0C-9888-6C23C9C6100C","rank":"normal"}],"P27":[{"mainsnak":{"snaktype":"value","property":"P27","hash":"00248713e1649270c7a19558b83144f74b0ed24f","datavalue":{"value":"10.1016/0022-0531(85)90031-6","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1068682$7B818F27-C5BB-44E5-A306-698CA41C8A2C","rank":"normal"}],"P16":[{"mainsnak":{"snaktype":"value","property":"P16","hash":"83acb26c132edffe3503227fdedd09777c685939","datavalue":{"value":{"entity-type":"item","numeric-id":1060191,"id":"Q1060191"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$4238A963-10F9-4FB4-BF10-7B531705171E","rank":"normal"}],"P200":[{"mainsnak":{"snaktype":"value","property":"P200","hash":"3bf9ac9ec63184edee159adfddd47bd75703ecee","datavalue":{"value":{"entity-type":"item","numeric-id":61265,"id":"Q61265"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$8FD0CD78-762E-4CB1-B0A0-4ACA587D7A4C","rank":"normal"}],"P28":[{"mainsnak":{"snaktype":"value","property":"P28","hash":"3c94df5c9af0ede578c52141befd29044de13172","datavalue":{"value":{"time":"+1985-00-00T00:00:00Z","timezone":0,"before":0,"after":0,"precision":9,"calendarmodel":"http://www.wikidata.org/entity/Q1985727"},"type":"time"},"datatype":"time"},"type":"statement","id":"Q1068682$6D929455-E4DE-4F80-9F3D-D82F55FFC072","rank":"normal"}],"P1448":[{"mainsnak":{"snaktype":"value","property":"P1448","hash":"81ebb4da0009236af51516098a645a7413747583","datavalue":{"value":"This paper proves the existence theorem for a class of one-sector growth models in which infinitely-lived agents maximize the discounted sum of instantaneous utilities of consumption, and the technology is nonconvex and thus may display increasing returns to scale. The main assumption on the technology set is that for any given stock of capital, k, the restricted technology set is nonempty, convex, and compact valued.    An interesting feature of the proof is that it does not rely on any necessary conditions for the infinite-horizon optimization problem. The proof is obtained by establishing that (1) the set of admissible functions is relatively compact in the topology of uniform convergence on compact subsets of [0,\\(\\infty)\\), and (2) the Lagrangian functional for the optimization problem is lower semi-continuous.","type":"string"},"datatype":"string"},"type":"statement","id":"Q1068682$06DBAFC2-67A3-40C1-BA2D-4FD4CEC37E71","rank":"normal"}],"P226":[{"mainsnak":{"snaktype":"value","property":"P226","hash":"3d9efc5edd9940138bba54fd2dcb7e91029d8fcc","datavalue":{"value":"91B62","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1068682$D2253438-589D-4F61-BAC2-CB5D213202B7","rank":"normal"}],"P1451":[{"mainsnak":{"snaktype":"value","property":"P1451","hash":"2003cfb01fd23a3a1b77c9b951e3928f17c469d0","datavalue":{"value":"3932737","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1068682$71FCA5EA-0583-4552-8630-002A2B18FB3C","rank":"normal"}],"P1450":[{"mainsnak":{"snaktype":"value","property":"P1450","hash":"039ef5bbdf4d40d999a1afda1a9438f27050a4f5","datavalue":{"value":"existence theorem","type":"string"},"datatype":"string"},"type":"statement","id":"Q1068682$4E7B01AC-F1DF-4124-AAE3-9C0EC1400803","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"086ab0447b4bb1b8e995f4c3b7b08b0edeb55341","datavalue":{"value":"one-sector growth models","type":"string"},"datatype":"string"},"type":"statement","id":"Q1068682$27AACC30-5365-481A-915D-B39066474CDE","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"b82bc02ef38ff54d374231c4f8bdacc21871ea6c","datavalue":{"value":"infinitely-lived agents","type":"string"},"datatype":"string"},"type":"statement","id":"Q1068682$9B897D91-ED50-4022-A015-D9FDDDBADFDE","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"60f3753da0de9aa3058108f9ea03323e6e576a00","datavalue":{"value":"increasing returns to scale","type":"string"},"datatype":"string"},"type":"statement","id":"Q1068682$5F1A4418-ED7C-4E24-8129-77166DF61262","rank":"normal"}],"P1460":[{"mainsnak":{"snaktype":"value","property":"P1460","hash":"57f7fea50d2ce1b39b695c4a1313582eed405e38","datavalue":{"value":{"entity-type":"item","numeric-id":5976449,"id":"Q5976449"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$00EAC6E8-DC07-43E2-9264-D5B3DBC3A7C6","rank":"normal"}],"P205":[{"mainsnak":{"snaktype":"value","property":"P205","hash":"27d333ce6ecd401fa93114cec00c9b00fd9e40a4","datavalue":{"value":"https://doi.org/10.1016/0022-0531(85)90031-6","type":"string"},"datatype":"url"},"type":"statement","id":"Q1068682$B97B9014-894F-4280-BDA9-B7965FDD9EF3","rank":"normal"}],"P388":[{"mainsnak":{"snaktype":"value","property":"P388","hash":"3b3b3a4f3dc2898a654a14a7286ff172fba2f02d","datavalue":{"value":"W2048636666","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1068682$915A5299-024A-4ACC-B764-003076DB0A36","rank":"normal"}],"P223":[{"mainsnak":{"snaktype":"value","property":"P223","hash":"452c52c1a2da0c6d929343be603c4ee87dc2b9a8","datavalue":{"value":{"entity-type":"item","numeric-id":4045235,"id":"Q4045235"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$EE1CA65C-8D0A-46EE-BE64-907407645FC8","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"d5d5b2e5c5714c20597c063e4d59bd583659a20b","datavalue":{"value":{"entity-type":"item","numeric-id":4085497,"id":"Q4085497"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$D1C61DFF-6959-44B9-B82C-A18ACEF15A92","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"9963ac9bf84f6526762cb4f60f07a33d4ca874b7","datavalue":{"value":{"entity-type":"item","numeric-id":4151283,"id":"Q4151283"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$D2214B0F-FD0F-4745-95D0-CA1D20C1D55C","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"3f8c7d008a173ebeedf0ea2176dbb87435ab5125","datavalue":{"value":{"entity-type":"item","numeric-id":5532676,"id":"Q5532676"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$6586904F-9F8F-45C8-B4B6-F8B96ABD3B10","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"9865f02167fa70536ea5508fe84d4d43879feea5","datavalue":{"value":{"entity-type":"item","numeric-id":1234621,"id":"Q1234621"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$BC840520-F703-4F88-A409-1313D5D0700D","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"5b363fc2f2fcfc5198678848e464f37eb75719c3","datavalue":{"value":{"entity-type":"item","numeric-id":4165816,"id":"Q4165816"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$8C6ADAB4-2299-4632-B757-853EED1624DC","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"8285afb52f91c50b755185155fa769a24ef167e4","datavalue":{"value":{"entity-type":"item","numeric-id":2546673,"id":"Q2546673"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$C808663D-5395-470C-8266-4D79871F3498","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"a4ad7b416057dc8b90c1760ba7756ff6d5c2ccf1","datavalue":{"value":{"entity-type":"item","numeric-id":1240656,"id":"Q1240656"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$7EF8B123-2A17-411B-B4C0-CDBABB38DD67","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"216e7f311ddf35e23fb66970a19c2bcfda2aac0d","datavalue":{"value":{"entity-type":"item","numeric-id":1234622,"id":"Q1234622"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$DF266D56-2B01-46E9-9316-C0E954155684","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"6defbdb4cbee7b7201452bc27d81157934480e47","datavalue":{"value":{"entity-type":"item","numeric-id":1228433,"id":"Q1228433"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$D41181DC-DDCA-4550-8EAE-CB77A3C1CD5E","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"beeebdc26ff40da622d0b35d7b8ff4667c960d08","datavalue":{"value":{"entity-type":"item","numeric-id":1227376,"id":"Q1227376"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$3A3553A3-CFD5-4BF8-937E-C80F1C41BADA","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"60dc82203f3ad01bdbbf45718d737bda0743cbc6","datavalue":{"value":{"entity-type":"item","numeric-id":4143815,"id":"Q4143815"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$ABCF8376-1F94-4F87-9327-C5FAFF0F9200","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"f3cfcbd99e5af6348607c568bcada1578fb02b0e","datavalue":{"value":{"entity-type":"item","numeric-id":4055357,"id":"Q4055357"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1068682$22DD3B1D-FE28-4E32-A2E9-EFFAB1929FD4","rank":"normal"}],"P1643":[{"mainsnak":{"snaktype":"value","property":"P1643","hash":"860620513c5f5d8d7fc95d61dea689f84706528e","datavalue":{"value":{"entity-type":"item","numeric-id":1774234,"id":"Q1774234"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"582c5ed918eed91be3ce738021b3a736218be8f2","datavalue":{"value":{"amount":"+0.8510876297950745","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1068682$92522097-2F37-4FFE-AC3F-44DF31B466D3","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"836a53fec7e14be04d2f641d0f0424775723e689","datavalue":{"value":{"entity-type":"item","numeric-id":1361091,"id":"Q1361091"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"136dcf2995ff4a6ad17f5bac3314af27b9841f5f","datavalue":{"value":{"amount":"+0.8482484221458435","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1068682$587B187E-E55A-404C-85F1-508F00EA1391","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"1363f85447d465eefffe8c178dbadac7c1e7d4a9","datavalue":{"value":{"entity-type":"item","numeric-id":5289325,"id":"Q5289325"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"0a879caf337c0b26e9db184f0df0fc39c369618b","datavalue":{"value":{"amount":"+0.8422923684120178","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1068682$389AC2D8-20BB-4BAD-8FBB-4DC2304B6921","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"26b097f50f06ce222944aa23ba8e935bb1bb014f","datavalue":{"value":{"entity-type":"item","numeric-id":1178321,"id":"Q1178321"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"41e7754a1b8ba60967953f1a20a033dc15136ea2","datavalue":{"value":{"amount":"+0.8420981764793396","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1068682$4CB9FF80-061F-4E4C-92C8-4B3DDED55AAA","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"fbac3e4422292e21e4d9af72e179c94ebea66134","datavalue":{"value":{"entity-type":"item","numeric-id":2391052,"id":"Q2391052"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"ec98c8f307147cd6c4b2383b09408d84dd62cff2","datavalue":{"value":{"amount":"+0.8417535424232483","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1068682$7EE2BF12-8583-47C0-86E6-48120646FDA2","rank":"normal"}]},"sitelinks":{"mardi":{"site":"mardi","title":"The existence of optimal consumption policies in optimal economic growth models with nonconvex technologies","badges":[],"url":"https://portal.mardi4nfdi.de/wiki/The_existence_of_optimal_consumption_policies_in_optimal_economic_growth_models_with_nonconvex_technologies"}}}}}