Efficiency with Endogenous Population Growth
نویسندگان
چکیده
منابع مشابه
Efficiency with Endogenous Population Growth
In this paper, we generalize the notion of Pareto-efficiency to make it applicable to environments with endogenous populations. Two efficiency concepts are proposed, P-efficiency and A-efficiency. The two concepts differ in how they treat potential agents that are not born. We show that these concepts are closely related to the notion of Pareto-efficiency when fertility is exogenous. We then pr...
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In this Appendix we provide additional details on some of the ideas developed in the paper, “Efficiency with Endogenous Population Growth,” (2006). We first give the formal proof that A-efficiency is generically non-empty. The second section extends the notions of efficient fertility developed in the paper for the discrete case to environments in which fertility is a continuous choice variable....
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ژورنال
عنوان ژورنال: Econometrica
سال: 2007
ISSN: 0012-9682,1468-0262
DOI: 10.1111/j.1468-0262.2007.00781.x