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Recently the thermostatted kinetic framework has been proposed as mathematical model for studying nonequilibrium complex systems constrained to keep constant the total energy. The time evolution of the distribution function of the system is described by a nonlinear partial integro-differential...
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In this paper we generalize the result obtained by Mehlum (2005) by deriving an explicit solution for the path within a Ramsey model with fixed-proportion technology, CIES utility function and logistic-type population growth.
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In this paper we derive a closed form solution for the Ramsey model with a bounded population growth rate and a Benthamite felicity function, for the case where capital's share is equal to the reciprocal of the intertemporal elasticity of substitution.
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