On Impatience, Temptation & Ramsey's Conjecture

Jean-Pierre Drugeon () and Bertrand Wigniolle
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Jean-Pierre Drugeon: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This article is aimed at exploring the implications of the introduction of self-control and temptation motives in inter temporal preferences within an elementary competitive equilibrium with production. Letting heterogeneous agents differ from both their discounting parameters and their temptation motives, this article is interested in the long-run distribution of consumptions and wealths. Results are at odds from the ones obtained in a standard Ramsey benchmark setup in that long-run distributions are commonly non degenerated ones.

Keywords: Impatience; Temptation; Self-Control; Ramsey's Conjecture (search for similar items in EconPapers)
Date: 2015-10
New Economics Papers: this item is included in nep-dge
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01243656v1
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Citations: View citations in EconPapers (1)

Published in 2015

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Related works:
Working Paper: On Impatience, Temptation & Ramsey's Conjecture (2015)
Working Paper: On Impatience, Temptation & Ramsey's Conjecture (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:halshs-01243656

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