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Dynamic Allocation in an Altruistic Overlapping Generations Economy

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  • Hori, Hajime

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  • Hori, Hajime, 1997. "Dynamic Allocation in an Altruistic Overlapping Generations Economy," Journal of Economic Theory, Elsevier, vol. 73(2), pages 292-315, April.
    • Handle: RePEc:eee:jetheo:v:73:y:1997:i:2:p:292-315
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    1. Hori, Hajime, 1992. "Utility functionals with nonpaternalistic intergenerational altruism: The case where altruism extends to many generations," Journal of Economic Theory, Elsevier, vol. 56(2), pages 451-467, April.
    2. Wolfgang Leininger, 1986. "The Existence of Perfect Equilibria in a Model of Growth with Altruism between Generations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(3), pages 349-367.
    3. Hansson, Ingemar & Stuart, Charles, 1989. "Social Security as Trade among Living Generations," American Economic Review, American Economic Association, vol. 79(5), pages 1182-1195, December.
    4. Lane, John & Mitra, Tapan, 1981. "On Nash Equilibrium Programs of Capital Accumulation under Altruistic Preferences," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 22(2), pages 309-331, June.
    5. E. S. Phelps & R. A. Pollak, 1968. "On Second-Best National Saving and Game-Equilibrium Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(2), pages 185-199.
    6. Lindbeck, Assar & Weibull, Jorgen W, 1988. "Altruism and Time Consistency: The Economics of Fait Accompli," Journal of Political Economy, University of Chicago Press, vol. 96(6), pages 1165-1182, December.
    7. Kohlberg, Elon, 1976. "A model of economic growth with altruism between generations," Journal of Economic Theory, Elsevier, vol. 13(1), pages 1-13, August.
    8. Ray, Debraj, 1987. "Nonpaternalistic intergenerational altruism," Journal of Economic Theory, Elsevier, vol. 41(1), pages 112-132, February.
    9. B. Douglas Bernheim & Debraj Ray, 1987. "Economic Growth with Intergenerational Altruism," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 54(2), pages 227-243.
    10. Hori, Hajime & Kanaya, Sadao, 1989. "Utility functionals with nonpaternalistic intergenerational altruism," Journal of Economic Theory, Elsevier, vol. 49(2), pages 241-265, December.
    11. Harris, Christopher J, 1985. "Existence and Characterization of Perfect Equilibrium in Games of Perfect Information," Econometrica, Econometric Society, vol. 53(3), pages 613-628, May.
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    Cited by:

    1. Francisco M. Gonzalez & Itziar Lazkano & Sjak A. Smulders, 2015. "Future-biased government," Working Papers 1502, University of Waterloo, Department of Economics, revised Oct 2015.
    2. Hamada, Kojun & Yanagihara, Mitsuyoshi, 2016. "Intergenerational altruism and the transfer paradox in an overlapping generations model," The Quarterly Review of Economics and Finance, Elsevier, vol. 59(C), pages 161-167.
    3. Tamai, Toshiki, 2023. "The rate of discount on public investments with future bias in an altruistic overlapping generations model," European Journal of Political Economy, Elsevier, vol. 79(C).
    4. Jason Shogren, 2002. "Valuing Indirect Effects From Environmental Hazards On A Child’s Life Chances," NCEE Working Paper Series 200209, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2002.
    5. Lorz, Jens Oliver, 1999. "Social security and redistribution within generations in an overlapping generations model," Kiel Working Papers 957, Kiel Institute for the World Economy (IfW Kiel).
    6. Kunio Tsuyuhara, 2014. "A Welfare Analysis of Child Labor Restriction: Intergenerational Perspectives," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 39(3), pages 15-33, September.
    7. Jason F. Shogren, 2001. "Children And The Environment: Valuing Indirect Effects On A Child'S Life Chances," Contemporary Economic Policy, Western Economic Association International, vol. 19(4), pages 382-396, October.
    8. Takaaki Aoki & Kazuo Nishimura, 2017. "Global convergence in an overlapping generations model with two-sided altruism," Journal of Evolutionary Economics, Springer, vol. 27(5), pages 1205-1220, November.
    9. Francisco M. Gonzalez & Itziar Lazkano & Sjak A. Smulders, 2014. "Second-best national saving and growth with intergenerational disagreement," Working Papers 1403, University of Waterloo, Department of Economics, revised Mar 2014.
    10. Hiroshi Fujiu, 2021. "Business Cycles in a Two-Sided Altruism Model," Mathematics, MDPI, vol. 9(17), pages 1-12, August.
    11. Jaśkiewicz, Anna & Nowak, Andrzej S., 2014. "Stationary Markov perfect equilibria in risk sensitive stochastic overlapping generations models," Journal of Economic Theory, Elsevier, vol. 151(C), pages 411-447.
    12. Aoki, Takaaki, 2013. "Some Mathematical Properties of the Dynamically Inconsistent Bellman Equation: A Note on the Two-sided Altruism Dynamics," MPRA Paper 44994, University Library of Munich, Germany.
    13. Tamai, Toshiki, 2022. "Economic growth, equilibrium welfare, and public goods provision with intergenerational altruism," European Journal of Political Economy, Elsevier, vol. 71(C).
    14. Lorz, Jens Oliver, 1999. "Intergenerational redistribution with asymmetric information: The case of non-observable savings," Kiel Working Papers 918, Kiel Institute for the World Economy (IfW Kiel).
    15. Breton, Michele & St-Amour, Pascal & Vencatachellum, Desire, 2003. "Dynamic production teams with strategic behavior," Journal of Economic Dynamics and Control, Elsevier, vol. 27(5), pages 875-905, March.
    16. Łukasz Balbus & Anna Jaśkiewicz & Andrzej S. Nowak, 2020. "Equilibria in Altruistic Economic Growth Models," Dynamic Games and Applications, Springer, vol. 10(1), pages 1-18, March.
    17. Lorz, Jens Oliver, 1999. "The political economy of intra- and intergenerational redistribution with asymmetric information," Kiel Working Papers 904, Kiel Institute for the World Economy (IfW Kiel).
    18. Lines, Marji, 2001. "The dynamics of capital accumulation in an overlapping generations model," Structural Change and Economic Dynamics, Elsevier, vol. 12(1), pages 75-89, March.

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