Chu, C. Y. Cyrus; Lu, Huei-Chung; Chen, Mingshen - In: Journal of Population Economics 15 (2002) 2, pp. 243-259
This study uses a lineal-extinction-probability-minimization approach proposed by Chu (1991) to study the relation between bequest division and population growth. Using a Markov branching process and "first-degree stochastic dominance" technique, our model's results imply that any specific...