منابع مشابه
On the Phelps-Koopmans theorem
We examine whether the Phelps–Koopmans theorem is valid in models with nonconvex production technologies. We argue that a nonstationary path that converges to a capital stock above the smallest golden rule may indeed be efficient. This finding has the important implication that “capital overaccumulation” need not always imply inefficiency. Under mild regularity and smoothness assumptions, we pr...
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متن کاملThe Phelps–Koopmans theorem and potential optimality
The Phelps–Koopmans theorem states that if every limit point of a path of capital stocks exceeds the “golden rule,” then that path is inefficient: there is another feasible path from the same initial stock that provides at least as much consumption at every date and strictly more consumption at some date. I show that in a model with nonconvex technologies and preferences, the theorem is false i...
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A binary extended 1-perfect code C folds over its kernel via the Steiner quadruple systems associated with its codewords. The resulting folding, proposed as a graph invariant for C, distinguishes among the 361 nonlinear codes C of kernel dimension κ obtained via Solov’eva-Phelps doubling construction, where 9 ≥ κ ≥ 5. Each of the 361 resulting graphs has most of its nonloop edges expressible in...
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S-Adenosylmethionine decarboxylase is a key enzyme for the synthesis of polyamines in mammals, plants and many other species that use aminopropyltransferases for this pathway. It catalyses the formation of S-adenosyl-1(methyl th io)-3-propylamine (decarboxyla ted S-adenosylmethionine), which is used as the aminopropyl donor. This is the sole function of decarboxylated S-adenosylmethionine. Its ...
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ژورنال
عنوان ژورنال: LittéRéalité
سال: 1998
ISSN: 0843-4182
DOI: 10.25071/0843-4182.28019