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DCフィールド | 値 | 言語 |
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dc.contributor.author | Hori, Katsuhiko | en |
dc.contributor.author | Shibata, Akihisa | en |
dc.contributor.alternative | 堀, 勝彦 | ja |
dc.contributor.alternative | 柴田, 章久 | ja |
dc.date.accessioned | 2011-07-07T00:37:03Z | - |
dc.date.available | 2011-07-07T00:37:03Z | - |
dc.date.issued | 2010-04 | - |
dc.identifier.issn | 0022-3239 | - |
dc.identifier.uri | http://hdl.handle.net/2433/141994 | - |
dc.description.abstract | This paper introduces consumption externalities into an endogenous growth model of common capital accumulation and characterizes balanced growth equilibria. Contrary to the standard argument in previous studies, we show that the growth rate in a feedback Nash equilibrium can be higher than that in an open-loop Nash equilibrium if agents strongly admire the consumption of others. This result is irrelevant to whether preferences exhibit “keeping up with the Joneses” or “running away from the Joneses”. | en |
dc.format.mimetype | application/pdf | - |
dc.language.iso | eng | - |
dc.publisher | Springer Science+Business Media, LLC | en |
dc.rights | The final publication is available at www.springerlink.com | en |
dc.subject | Differential games | en |
dc.subject | Consumption externalities | en |
dc.subject | Endogenous growth | en |
dc.subject | Open-loop Nash equilibrium | en |
dc.subject | Feedback Nash equilibrium | en |
dc.title | Dynamic Game Model of Endogenous Growth with Consumption Externalities | en |
dc.type | journal article | - |
dc.type.niitype | Journal Article | - |
dc.identifier.ncid | AA1196506X | - |
dc.identifier.jtitle | Journal of Optimization Theory and Applications | en |
dc.identifier.volume | 145 | - |
dc.identifier.issue | 1 | - |
dc.identifier.spage | 93 | - |
dc.identifier.epage | 107 | - |
dc.relation.doi | 10.1007/s10957-009-9631-3 | - |
dc.textversion | publisher | - |
dcterms.accessRights | open access | - |
出現コレクション: | 学術雑誌掲載論文等 |
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