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Capital overaccumulation
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Inefficiency
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Nonconvex production set
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Phelps-Koopmans theorem
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Phelps–Koopmans theorem
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capital overaccumulation
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Mitra, Tapan
Homburg, Stefan
7
Hellwig, Martin
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Hagedorn, Marcus
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Hsu, Sara
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Kinugasa, Tomoko
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Ray, Debraj
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Schönfelder, Bruno
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Araujo Loredo, Oscar Daniel
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Binswanger, Mathias
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Bloise, Gaetano
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On the Phelps-Koopmans theorem
Mitra, Tapan
;
Ray, Debraj
-
2009
. This finding has the important implication that capital
overaccumulation
need not always imply inefficiency. We provide …
Persistent link: https://www.econbiz.de/10010292081
Saved in:
2
On the Phelps–Koopmans theorem
Mitra, Tapan
;
Ray, Debraj
- In:
Journal of Economic Theory
147
(
2012
)
2
,
pp. 833-849
finding has the important implication that “capital
overaccumulation
” need not always imply inefficiency. Under mild …
Persistent link: https://www.econbiz.de/10011043020
Saved in:
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