Figuières, Charles; Long, Ngo Van; Tidball, Mabel - LAboratoire Montpelliérain d'Économie Théorique et … - 2013
This paper provides general theorems about the control that maxi- mizes the mixed Bentham-Rawls (MBR) criterion for intergenerational justice, which was introduced in Alvarez-Cuadrado and Long (2009). We establish sufficient concavity conditions for a candidate trajectory to be optimal and...