The reproductive value as part of the shadow price of population
نویسندگان
چکیده
The reproductive value (see Fisher 1930) arises as part of the shadow price of the population in a large class of age-structured optimal control models. 1 Institute of Mathematical Methods in Economics (Research Unit on Operations Research and Control Systems), Vienna University of Technology, Argentinierst. 8, A-1040 Vienna, Austria. E-mail: [email protected]. ac.at and Vienna Institute of Demography, Austrian Academy of Sciences, Wohllebeng. 12-14, A-1040 Vienna, Austria 2 Vienna Institute of Demography, Austrian Academy of Sciences, Wohllebeng. 12-14, A-1040 Vienna, Austria. E-mail: [email protected] 3 Institute of Mathematical Methods in Economics (Research Unit on Economics), Vienna University of Technology, Argentinierst. 8, A-1040 Vienna, Austria and Vienna Institute of Demography, Austrian Academy of Sciences, Wohllebeng. 12-14, A-1040 Vienna, Austria. E-mail: [email protected] 4 Institute of Mathematical Methods in Economics (Research Unit on Operations Research and Control Systems), Vienna University of Technology, Argentinierst. 8, A-1040 Vienna, Austria and Vienna Institute of Demography, Austrian Academy of Sciences, Wohllebeng. 12-14, A-1040 Vienna, Austria. E-mail: wrzaczek@ server.eos.tuwien.ac.at http://www.demographic-research.org 709 Feichtinger et al.: The reproductive value as part of the shadow price of population
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