A Habit Forming Optimal Growth Model
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Publication:3208386
DOI10.2307/2526327zbMath0417.90032OpenAlexW2078182288MaRDI QIDQ3208386
Publication date: 1978
Published in: International Economic Review (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2526327
optimal growthoptimal pathnecessary and sufficient conditions for optimalitystability propertieseconomic growth modelconsumer behaviorunique steady-statedynamic demand functionsevolution of preferences over timehabit-forming processnon-additive utility functional
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