Existence of Nash Equilibrium Programs of Capital Accumulation Under Altruistic Preferences: The Continuous Time Case
AbstractThis paper presents a general model of altruistic growth in continuous time, where agents’ welfare are assumed separable in current consumption levels and levels of incremental consumption. We prove the existence of Nash Equilibrium Programs of Capital accumulation.
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Bibliographic InfoPaper provided by Indian Institute of Management Ahmedabad, Research and Publication Department in its series IIMA Working Papers with number WP1987-09-01_00778.
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