Non-paternalistic intergenerational altruism revisited

被引：3
|
作者：
Balbus, Lukasz [1 ]
Jaskiewicz, Anna [2 ]
Nowak, Andrzej S. [1 ]
机构：
[1] Univ Zielona Gora, Fac Math Comp Sci & Econometr, Szafrana 4a, PL-65516 Zielona Gora, Poland
[2] Wroclaw Univ Technol, Fac Pure & Appl Math, Wyb Wyspianskiego 27, PL-50370 Wroclaw, Poland
来源：
JOURNAL OF MATHEMATICAL ECONOMICS | 2016年 / 63卷
关键词：
Stochastic game; Stationary equilibrium; Stochastic economic growth; Non-paternalistic intergenerational altruism; MARKOV PERFECT EQUILIBRIA; STOCHASTIC GAMES; GROWTH; EXISTENCE; MODEL;
D O I：
10.1016/j.jmateco.2015.12.002
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper, we prove the existence of a stationary equilibrium in an intergenerational stochastic game with non-paternalistic altruism as defined by Ray (1987). Our approach is based on the assumption that the transition probabilities are non-atomic. The utility function of each generation has a very general form including many special cases studied in the literature. (C) 2015 Elsevier B.V. All rights reserved.
引用
收藏
页码：27 / 33
页数：7
相关论文
共 50 条
12345