1974
DOI: 10.2307/20075467
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Sur la théorie économique du capital collectif social

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“…In Uzawa (1974), it is proved that, for any time-path of utilities u (ut), where ut > 0, for all >_--0, the value of utility functional V= U(u) is uniquely determined. That is, V--U(u) is equal to the minimum value of initial condition U0 V for which the solution (Ut) to differential equation 1exists and is positive for all t, 0 _-< < +oo.…”
Section: Intertemporal Preferencesmentioning
confidence: 99%
“…In Uzawa (1974), it is proved that, for any time-path of utilities u (ut), where ut > 0, for all >_--0, the value of utility functional V= U(u) is uniquely determined. That is, V--U(u) is equal to the minimum value of initial condition U0 V for which the solution (Ut) to differential equation 1exists and is positive for all t, 0 _-< < +oo.…”
Section: Intertemporal Preferencesmentioning
confidence: 99%