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Ranking infinite utility streams includes many impossibility results, most involving certain Pareto, anonymity, or continuity requirements. We introduce the concept of the future agreement extension, a method that explicitly extends orderings on finite time horizon to an infinite time horizon....
Persistent link: https://www.econbiz.de/10005018253
This paper analyses the effects of agricultural income determinants, in particular of human capital and physical … capital. One of its purposes is to evaluate the possible overestimation of the effect of education in income equations that do … enormous effect of area on agricultural income. When this variable is included in the regression, we see a substantial decrease …
Persistent link: https://www.econbiz.de/10005001634