In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare function consisting of the discounted sum of instantaneous utilities, with a constant rate of time preferencie. Such an optimality criterion implies that preferences are independent over time. (Párrafo extraído del texto a modo de resumen
Three essays in the study recursive utility are presented. The first is an exposition of the extant ...
International audienceIn this paper, we propose a unifying approach to the study of recursive econom...
International audienceIn this paper, we propose a unifying approach to the study of recursive econom...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
Endogenous preferences, Time preference, Discounting, Optimal Growth, Monotonicity, Lattice programm...
We study a class of utility functions that are defined recursively by an aggregator W (x, y) where u...
The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum ...
The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum ...
The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum ...
The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum ...
Three essays in the study recursive utility are presented. The first is an exposition of the extant ...
International audienceIn this paper, we propose a unifying approach to the study of recursive econom...
International audienceIn this paper, we propose a unifying approach to the study of recursive econom...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare func...
Endogenous preferences, Time preference, Discounting, Optimal Growth, Monotonicity, Lattice programm...
We study a class of utility functions that are defined recursively by an aggregator W (x, y) where u...
The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum ...
The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum ...
The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum ...
The usual procedure in the field of optimal growth consists in maximizing a (discounted or not) sum ...
Three essays in the study recursive utility are presented. The first is an exposition of the extant ...
International audienceIn this paper, we propose a unifying approach to the study of recursive econom...
International audienceIn this paper, we propose a unifying approach to the study of recursive econom...