The Existence of Ramsey Equilibrium with Consumption Externality

Sadao Kanaya and Tomoichi Shinotsuka

ビジネス創造センターディスカッション・ペーパー (Discussion papers of the Center for Business Creation) from Otaru University of Commerce

Abstract: Consumption externality is introduced into the Ramsey equilibrium model. Existence of Ramsey equilibrium is demonstrated.

Pages: 9 pages
Date: 1993-09
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Published in Discussion paper series (1993), 7: 1-9

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Persistent link: https://EconPapers.repec.org/RePEc:ota:busdis:10252/4182

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