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October  2006, 2(4): 399-423. doi: 10.3934/jimo.2006.2.399

Good programs in the RSS model without concavity of a utility function

Alexander J. Zaslavski 1,

1. 

Department of Mathematics, Technion-Israel Institute of Technology, Haifa, 32000, Israel

Received  December 2005 Revised  July 2006 Published  October 2006

In this paper, we obtain results on the good ''choice of techniques'' in the long-run in a model proposed by Robinson, Solow, and Srinivasan. We study this model without an assumption that a utility function which represents the preferences of the planner is concave and establish the existence of good programs.
Keywords: weakly maximal program., Choice of technique, good program.
Mathematics Subject Classification: 49J99, 54E5.
Citation: Alexander J. Zaslavski. Good programs in the RSS model without concavity of a utility function. Journal of Industrial & Management Optimization, 2006, 2 (4) : 399-423. doi: 10.3934/jimo.2006.2.399
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