Existence of Nash Equilibrium Programs of Capital Accumulation Under Altruistic Preferences: The Continuous Time Case

Somdeb Lahiri

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: This paper presents a general model of altruistic growth in continuous time, where agents’ welfare are assumed separable in current consumption levels and levels of incremental consumption. We prove the existence of Nash Equilibrium Programs of Capital accumulation.

Date: 1987-09-01
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp00778

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