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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
Persistent link: https://www.econbiz.de/10010382725
Persistent link: https://www.econbiz.de/10011958603
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the interaction between environmental taxes and innovation externalities in a dynamic economy and prove policy equivalence … directly linked to the source of technological innovation. Arguments for early action in LbD models carry over to a second …
Persistent link: https://www.econbiz.de/10010312455
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010262477
Persistent link: https://www.econbiz.de/10009708098
Persistent link: https://www.econbiz.de/10011537892