Equity and Sustainability: An Exposition

Rabi Bhattacharya, Mukul Majumdar

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

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)
Pages (from-to)92-104
Number of pages13
JournalStudies in Microeconomics
Volume9
Issue number1
DOIs
StatePublished - Jun 2021

Keywords

  • Equity
  • Sustainability
  • infinite horizon
  • stochastic model

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

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