BLOISE, Gaetano; CALCIANO, Filippo L. - Center for Operations Research and Econometrics (CORE), … - 2007
characterization exploits a suitably Modified Cass Criterion, grounded on the long-run behavior of compounded safe interest rates and …, Balasko
and Shell [3] and Okuno and Zilcha [18] initially proposed a precise necessary and
sufficient Cass Criterion for … and sufficient condition for inefficiency, consisting
in a sort of Weighted Cass Criterion: along any path, the weighted …