Showing 1 - 10 of 816
We study the compatibility of the optimal population size concepts produced by different social welfare functions and egalitarism meant as "equal consumption for all individuals of all generations". Social welfare functions are parameterized by an altruism parameter generating the Benthamite and...
Persistent link: https://www.econbiz.de/10010933933
We study the compatibility of the optimal population size concepts produced by different social welfare functions and egalitarianism meant as “equal consumption for all individuals of all generations”. Social welfare functions are parameterized by an altruism parameter generating the...
Persistent link: https://www.econbiz.de/10010937811
A benchmark AK optimal growth model with maintenance expenditures and endogenous utilization of capital is considered within an explicit vin- tage capital framework. Scrapping is endogenous, and the model allows for a clean distinction between age and usage dependent capital deprecia- tion and...
Persistent link: https://www.econbiz.de/10004999726
A benchmark AK optimal growth model with maintenance expenditures and endogeneous utilization of capital is considered within an explicit vintage capital framework. Scrapping is endogenous, and the model allows for a clean distinction between age and usage dependent capital depreciation and...
Persistent link: https://www.econbiz.de/10005008070
In this paper, we devise a social criterion in the spirit of the critical utility level of Blackorby-Donaldson (1984) to study an optimal population size problem in an endogenously growing economy populated by workers living a fixed amount of time and without capital accumulation. Population...
Persistent link: https://www.econbiz.de/10009644798
Persistent link: https://www.econbiz.de/10010675451
Persistent link: https://www.econbiz.de/10010704287
We reconsider the optimal population size problem in a continuous time economy populated by homogenous cohorts with a fixed life span. This assumption is combined with a linear production function in the labor input and standard rearing costs. A general social welfare function is specified,...
Persistent link: https://www.econbiz.de/10008794138
We reconsider the optimal population size problem in a continuous time economy populated by homogenous cohorts with a fixed life span. Linear production functions in the labor input and standard rearing costs are also considered. First, we study under which conditions the successive cohorts will...
Persistent link: https://www.econbiz.de/10009019032
Persistent link: https://www.econbiz.de/10009127985