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(Université de Montréal. Département de sciences économiques., 2006-09)
This paper reviews the welfarist approach to population ethics. We provide an overview of the critical-level utilitarian population principles and their generalized counterparts, examine important properties of these ...
Infinite-Horizon Choice Functions
(Université de Montréal. Département de sciences économiques., 2006)
We analyze infinite-horizon choice functions within the setting of a simple linear technology. Time consistency and efficiency are characterized by stationary consumption and inheritance functions, as well as a transversality ...