A Habit Forming Optimal Growth Model (Q3208386)
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scientific article; zbMATH DE number 3650264
| Language | Label | Description | Also known as |
|---|---|---|---|
| default for all languages | No label defined |
||
| English | A Habit Forming Optimal Growth Model |
scientific article; zbMATH DE number 3650264 |
Statements
A Habit Forming Optimal Growth Model (English)
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1978
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optimal growth
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economic growth model
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habit-forming process
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evolution of preferences over time
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necessary and sufficient conditions for optimality
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unique steady-state
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stability properties
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optimal path
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dynamic demand functions
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consumer behavior
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non-additive utility functional
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