Equity and Sustainability: An Exposition

Rabi Bhattacharya, Mukul Majumdar

Research output: Contribution to journalArticlepeer-review

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.

Original languageEnglish (US)
JournalStudies in Microeconomics
DOIs
StateAccepted/In press - 2020

Keywords

  • Equity
  • infinite horizon
  • stochastic model
  • Sustainability

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

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