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We consider a standard overlapping generation economy with a simple demographic structure with a new cohort of agents at each period with an economic activity extended over two successive periods and finitely many firms active forever. The production possibilities are described by a sequence of...
Persistent link: https://www.econbiz.de/10009645283
We consider a pure exchange overlapping generations economy with finitely many commodities and consumers per period having possibly non-complete non transitive preferences. We provide a geometric and direct proof of the Balasko-Shell characterization of Pareto optimal allocation. To avoid some...
Persistent link: https://www.econbiz.de/10011194459
Persistent link: https://www.econbiz.de/10011475074
Persistent link: https://www.econbiz.de/10011723366
We consider a standard overlapping generation economy with a simple demographic structure with a new cohort of agents at each period with an economic activity extended over two successive periods and finitely many firms active forever. The production possibilities are described by a sequence of...
Persistent link: https://www.econbiz.de/10009402130
We consider a standard overlapping generation economy with a simple demographic structure with a new cohort of agents at each period with an economic activity extended over two successive periods and finitely many firms active forever. The production possibilities are described by a sequence of...
Persistent link: https://www.econbiz.de/10010635149
We consider a standard pure exchange overlapping generations economy. The demographic structure consists of a new cohort of agents at each period with an economic activity extended over two successive periods. Our model incorporates durable goods that may be stored from one period to a...
Persistent link: https://www.econbiz.de/10011025963
We consider a standard pure exchange overlapping generations economy. The demographic structure consists of a new cohort of agents at each period with an economic activity extended over two successive periods. Our model incorporates durable goods that may be stored from one period to a...
Persistent link: https://www.econbiz.de/10010795550
This article analyzes the impact of the introduction of aquaculture on wild fish stocks and consumer utility, taking into account three key components: (1) the dependence of aquaculture on reduction fisheries for the feeding of the farmed species; (2) biological interactions between the wild...
Persistent link: https://www.econbiz.de/10010942361
The integration of immigrants and their children is a burning issue in France. Governments build a large part of their assimilation policies on the labor market. The public sector is reputed to better assimilate minorities because of its entrance exams and pay-scales. In this paper, a comparison...
Persistent link: https://www.econbiz.de/10010942362