Rawlsian Intergenerational Justice as a Markov-Perfect Equilibrium in a Resource Technology
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Publication:3792446
DOI10.2307/2297396zbMath0647.90015MaRDI QIDQ3792446
Publication date: 1988
Published in: The Review of Economic Studies (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2297396
extensive form game; nonrenewable resource; subgame-perfect equilibria; Rawlsian maximin criterion; intergenerational allocation; reproducible capital
91B62: Economic growth models
91B76: Environmental economics (natural resource models, harvesting, pollution, etc.)
91B14: Social choice
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