The golden rule when preferences are time inconsistent

DOI10.1007/s11579-010-0034-xzbMath1255.91249arXiv0808.3790OpenAlexW2158880527MaRDI QIDQ1932539

Publication date: 20 January 2013

Published in: Mathematics and Financial Economics (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/0808.3790

zbMATH Keywords

Nash equilibria implicit differential equation time inconsistency intergenerational equity Markov strategies Ramsey models

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Applications of optimal control and differential games (49N90) Economic growth models (91B62)

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