Maximin Paths of Heterogeneous Capital Accumulation and the Instability of Paradoxical Steady States

DOI10.2307/1912676zbMath0364.90036OpenAlexW2079660636MaRDI QIDQ4139938

Edwin Burmeister, Peter J. Hammond

Publication date: 1977

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1912676

Mathematics Subject Classification ID

Trade models (91B60)

Related Items (10)

Maximin, viability and sustainability ⋮ Characterizing the sustainability problem in an exhaustible resource model ⋮ EQUAL ORGANIC COMPOSITION OF CAPITAL AND REGULARITY ⋮ Combining rights and welfarism: a new approach to intertemporal evaluation of social alternatives ⋮ Sustainability of an economy relying on two reproducible assets ⋮ MAXIMIN, DISCOUNTING, AND SEPARATING HYPERPLANES ⋮ Characterizing sustainability in discrete time ⋮ Characterizing sustainability: The converse of Hartwick's rule ⋮ Reswitching as a cusp catastrophe ⋮ Intertemporal equity and efficient allocation of resources.

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