Optimal Population Without Repugnant Aspects
AbstractThis paper addresses the issue of optimal population with two concerns: avoiding both the absolute repugnant solution that amounts to giving to an infinite number an infinitesimal amount and the marginal repugnant solution in which equilibrium consumption decreases with income. To avoid these two solutions, we introduce a critical level of utility that depends on individual's marginal income.
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Bibliographic InfoPaper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number 96a31.
Length: 10 pages
Date of creation: 1996
Date of revision:
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Postal: G.R.E.Q.A.M., (GROUPE DE RECHERCHE EN ECONOMIE QUANTITATIVE D'AIX MARSEILLE), CENTRE DE VIEILLE CHARITE, 2 RUE DE LA CHARITE, 13002 MARSEILLE.
Web page: http://www.greqam.fr/
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Other versions of this item:
- D6 - Microeconomics - - Welfare Economics
- D9 - Microeconomics - - Intertemporal Choice and Growth
- J1 - Labor and Demographic Economics - - Demographic Economics
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