Production, interest, and saving in deterministic economies with additive endowments

被引：3

作者：

Karatzas, I.

Shubik, M.

Sudderth, W. D.

机构：

[1] Columbia Univ, Dept Math, New York, NY 10027 USA

[2] Columbia Univ, Dept Stat, New York, NY 10027 USA

[3] Yale Univ, Cowles Fdn Res Econ, New Haven, CT 06520 USA

[4] Univ Minnesota, Sch Stat, Minneapolis, MN 55455 USA

来源：

ECONOMIC THEORY | 2006年 / 29卷 / 03期

关键词：

D O I：

10.1007/s00199-006-0141-3

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Stationary equilibria are constructed for a series of nonstochastic production economies in which the decisions of producers, wage earners, shareholders, and savers modulate, via a "production function", the endowment variables in an additive manner. The efficiency of each model is compared to that of a single agent who produces for personal consumption.

引用

页码：525 / 548

页数：24

共 50 条

[1] Production, interest, and saving in deterministic economies with additive endowments
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