Discounted utilitarianism treats generations unequally and leads to seemingly unappealing consequences in some models of economic growth. Instead, this paper presents and applies ...
In this paper, we consider a decision-maker who tries to learn the distribution of outcomes from previously observed cases. For each observed database of cases the decision-maker ...
Overlapping generations are extracting a natural resource over an infinite future. We examine fair allocation of resource and compensations among generations. Fairness is define...
This note derives the Golden Rule of capital accumulation in a Chakrabortytype economy, i.e. a two-period OLG economy where longevity is endogenous. It is shown that the capital p...
Abstract— In this paper, we consider the co-channel interference mitigation capability of fixed relay aided wireless systems, where the relays are linked to the base station usi...