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Equity and Sustainability: An Exposition

Rabi Bhattacharya and Mukul Majumdar

Studies in Microeconomics, 2021, vol. 9, issue 1, 92-104

Abstract: The paper is an exposition of some issues involving sustainability of equitable (stationary) plans in infinite horizon models. We consider examples of deterministic as well as stochastic models. The models provide conditions on the possibility, inevitability or probability of extinction or collapse. JEL Classifications: D8, Q2, Q3

Keywords: Sustainability; Equity; infinite horizon; stochastic model (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:sae:miceco:v:9:y:2021:i:1:p:92-104

DOI: 10.1177/2321022220971874

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