On the Value Maximizing Property of Infinite Horizon Efficient Programs

DOI10.2307/2526262zbMath0433.90016OpenAlexW1971709500MaRDI QIDQ3872150

Tapan Mitra

Publication date: 1979

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2526262

zbMATH Keywords

infinite horizon modelcompetitive pricesefficient allocation of resources over timeinfinite horizon efficient programsparticular technologiespresent value determinationpresent value of consumption sequencevalue maximizing property

Mathematics Subject Classification ID

Economic growth models (91B62)

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