Maximin Paths of Heterogeneous Capital Accumulation and the Instability of Paradoxical Steady States

DOI10.2307/1912676MaRDI QIDQ4139938zbMATH OpenOpenAlexFDO

Authors Edwin Burmeister, Peter J. Hammond

Publication date 1977

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/1912676

Mathematics Subject Classification ID

Trade models (91B60)

Cited in

(11)

• EQUAL ORGANIC COMPOSITION OF CAPITAL AND REGULARITY
• Characterizing the sustainability problem in an exhaustible resource model
• Sustainability of an economy relying on two reproducible assets
• Maximin, viability and sustainability
• Reswitching as a cusp catastrophe
• Characterizing sustainability: The converse of Hartwick's rule
• Characterizing sustainability in discrete time
• MAXIMIN, DISCOUNTING, AND SEPARATING HYPERPLANES
• Intertemporal equity and efficient allocation of resources.
• Combining rights and welfarism: a new approach to intertemporal evaluation of social alternatives
• On the sustainable growth in an economy with perfectly substitutable exhaustible resources

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