Sustained development of a society with a renewable resource

被引：12

作者：

Cairns, Robert D. ^{[1
]}

Tian, Huilan ^{[1
]}

机构：

[1] McGill Univ, Dept Econ, Montreal, PQ H3A 2T7, Canada

来源：

JOURNAL OF ECONOMIC DYNAMICS & CONTROL | 2010年 / 34卷 / 06期

关键词：

Sustainability; Intergenerational equity; Maximin; Regular path; Population; EXHAUSTIBLE RESOURCE; HARTWICKS RULE; MAXIMIN PATHS;

D O I：

10.1016/j.jedc.2010.01.012

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A maximin program is applied to a policy of sustaining a simple society whose population is dependent on a resource subject to logistic growth. Regular and non-regular paths are characterized. There are continua of both regular and non-regular solutions, the type depending on the initial conditions. A non-regular path involves an intermediate part in which the sustainment constraint is not effective. All solutions are time consistent and Pareto optimal. Because a problem may not be regular, it is not valid to assume that sustainment implies constant utility. (C) 2010 Elsevier B.V. All rights reserved.

引用

页码：1048 / 1061

页数：14

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