IJPAM: Volume 62, No. 2 (2010)

THE AK RAMSEY MODEL WITH EXPONENTIAL UTILITY
AND LOGISTIC POPULATION CHANGE

Luca Guerrini
Department of Mathematics for Economic and Social Sciences
University of Bologna
5, Viale Filopanti, Bologna, 40126, ITALY
e-mail: [email protected]


Abstract.This paper investigates a Ramsey growth model with exponential utility and logistic population growth. The model's solution is found analytically and its long-run behavior is determined.

Received: June 17, 2010

AMS Subject Classification: 91B62

Key Words and Phrases: Ramsey model, exponential utility, logistic population

Source: International Journal of Pure and Applied Mathematics
ISSN: 1311-8080
Year: 2010
Volume: 62
Issue: 2