Efficient Intertemporal Allocations with Recursive Utility
收藏数据链接:
官方服务:
资源简介:
In this article, our objective is to determine efficient allocations in economies with multiple agents having recursive utility functions. Our main result is to show that in a multiagent economy, the problem of determining efficient allocations can be characterized in terms of a single value
提供机构:
美国国家经济研究局创建时间:
1998-04-01



