type="main" xml:lang="en" <title type="main">Abstract</title> <p>The article analyzes risk sharing in a defined contribution pension fund in continuous time. According to a prespecified attribution scheme, the interest rate paid on the employees' accounts is a linear function of the fund's investment performance. For each...</p>

I: The General Model -- I.1. Formulation of the General Model -- I.2. Equilibrium -- I.3. Existence of Equilibria -- I.4. The Set of Equilibria and Relative Pareto Optima -- I.5. First Best Pareto Optima -- II: The Three Commodity Model with Growth of Population -- II.1. Formulation of the Model...