Doyen, L.; Martinet, V. - In: Journal of Economic Dynamics and Control 36 (2012) 9, pp. 1414-1430
The maximin criterion defines the highest utility level that can be sustained in an intergenerational equity … necessarily maximal, utility level. In this paper, we exhibit the strong links between maximin and viability: we show that the … value function of the maximin problem can be obtained in the viability framework, and that the maximin path is a particular …