The golden rule when preferences are time inconsistent

DOI10.1007/s11579-010-0034-xzbMath1255.91249arXiv0808.3790MaRDI QIDQ1932539

Publication date: 20 January 2013

Published in: Mathematics and Financial Economics (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/0808.3790

zbMATH Keywords

Nash equilibria; implicit differential equation; time inconsistency; intergenerational equity; Markov strategies; Ramsey models

Mathematics Subject Classification ID

91B52: Special types of economic equilibria

49N90: Applications of optimal control and differential games

91B62: Economic growth models

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