On the Value Maximizing Property of Infinite Horizon Efficient Programs
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Publication:3872150
DOI10.2307/2526262zbMath0433.90016MaRDI QIDQ3872150
Publication date: 1979
Published in: International Economic Review (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2526262
infinite horizon model; competitive prices; efficient allocation of resources over time; infinite horizon efficient programs; particular technologies; present value determination; present value of consumption sequence; value maximizing property
91B62: Economic growth models
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