Optimal growth models under Rawlsian criteri
This article revisits the optimal growth with three distinct Rawlsian approaches: (1) the original Rawlsian criterion, popular in economic literature; (2) the maximin with multiple discount factors, introduced by [8];(3) the rank-dependent criterion, applied by [27] to growth theory.Finally, we develop a new approach based on a convex combination of the most common criteria: Ramsey-Cass-Koopmans and Rawls.
Publication Details
- Journal
- Communications in Optimization Theory
- Published
- 2025-01-01
- DOI
- https://doi.org/10.23952/cot.2025.30
- Primary Topic
- Economic theories and models
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- Agence Nationale de la Recherche