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Overtaking criterion

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of a nation for an unknown number of years into the future. In such cases, it is often convenient to model the future outcomes as an infinite stream. Then, it may be required to compare two infinite streams and decide which one of them is better (for example, in order to decide on a policy). The
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Often, the decisions of a policy-maker may have influences that extend to the far future. Economic decisions made today may influence the
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As explained above, some sequences may be incomparable by the overtaking criterion. This is why the overtaking criterion is defined as a
2332:{\displaystyle \exists T_{0}:\forall T>T_{0}:(x_{1},\ldots ,x_{T},0,0,0,\ldots )\prec (y_{1},\ldots ,y_{T},0,0,0,\ldots )} 479: 1779: 2078: 2473: 67:
is the set of possible outcomes. E.g., it may be the set of positive real numbers, representing the possible annual
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Carlson, D. A.; Haurie, A. B.; Leizarowitz, A. (1991). "Definition of Optimality on an Unbounded Time Interval".
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is used to compare infinite streams of outcomes. Mathematically, it is used to properly define a notion of
1432: 999: 2589: 936: 887:{\displaystyle 0<\lim \inf _{N\to \infty }\sum _{t=1}^{N}u_{t}(x_{t})-\sum _{t=1}^{N}u_{t}(y_{t})} 2607: 1626: 1388: 2351: 1721: 103: 76: 2421:
theory, as an alternative to the limit-of-means criterion and the discounted-sum criterion. See
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Brock, William A. (1970). "An Axiomatic Basis for the Ramsey–Weizsäcker Overtaking Criterion".
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Every partial order that satisfies these axioms, also satisfies the first cardinal definition.
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is called the "overtaking criterion" if there is an infinite sequence of real-valued functions
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Rubinstein, Ariel (1979). "Equilibrium in supergames with the overtaking criterion".
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This shows that a difference in a single time period may affect the entire sequence.
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This also shows that the overtaking criterion cannot be represented by a single
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is called the "overtaking criterion" if it satisfies the following axioms:
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is the set of infinite sequences of possible outcomes. Each element in
1579:{\displaystyle (a,a,\ldots )\prec (a+1,a,\ldots )\prec (b,b,\ldots )} 17: 2505: 2562:
Rubinstein, A. (1980). "Strong perfect equilibrium in supergames".
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See papers by: Gale, Koopmans, McKenzie, von Weizsacker, and
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are larger, then smaller, then equal to the partial sums of
1645:. In contrast, every set of disjoint nonempty segments in 40:
overtaking criterion is one option to do this comparison.
2463: 2163:     iff      1591:
Hence, there is a set of disjoint nonempty segments in
755:     iff      567:     iff      2079:
Debreu theorems#Additivity of ordinal utility function
2381: 2354: 2169: 2143: 2113: 2087: 2056: 2030: 2000: 1976: 1956: 1927: 1903: 1883: 1860: 1782: 1755: 1724: 1697: 1651: 1629: 1597: 1500: 1469: 1435: 1391: 1365: 1345: 1318: 1298: 1207: 1120: 1095: 1075: 1002: 939: 908: 761: 735: 573: 547: 529:{\displaystyle u_{1},u_{2},\ldots :X\to \mathbb {R} } 482: 462: 429: 403: 377: 357: 337: 309: 289: 263: 243: 217: 193: 133: 106: 79: 53: 1332:, so none of these sequences "overtakes" the other. 2134:are essential (have an effect on the preferences). 1845:{\displaystyle (x_{1},\ldots ,x_{T},0,0,0,\ldots )} 2394: 2367: 2331: 2155: 2126: 2099: 2069: 2042: 2013: 1982: 1962: 1940: 1909: 1889: 1866: 1844: 1768: 1737: 1710: 1671: 1637: 1615: 1578: 1481: 1455: 1421: 1377: 1351: 1324: 1304: 1279: 1192: 1101: 1081: 1053: 987: 920: 886: 747: 711: 559: 528: 468: 441: 415: 389: 363: 343: 321: 295: 275: 249: 229: 199: 177: 119: 92: 59: 2599: 1339:function. I.e, there is no real-valued function 772: 768: 2557: 2555: 2527: 2525: 2523: 1280:{\displaystyle y=(3,3,3,3,3,3,3,3,3,\ldots )} 1193:{\displaystyle x=(4,1,4,4,1,4,4,1,4,\ldots )} 2552: 2520: 2487: 2485: 1623:with a cardinality like the cardinality of 2561: 2531: 1656: 1631: 1449: 522: 2482: 178:{\displaystyle x=(x_{1},x_{2},\ldots )} 2600: 1749:elements are nonzero. Each element of 452: 2491: 2423:Folk theorem (game theory)#Overtaking 1686: 1672:{\displaystyle (\mathbb {R} ,\prec )} 2564:International Journal of Game Theory 2410:The overtaking criterion is used in 1429:. One way to see this is: for every 2468:. Berlin: Springer. pp. 9–17. 2107:, at least three of the factors in 2081:for a definition). Also, for every 2077:is preferentially-independent (see 1456:{\displaystyle a,b\in \mathbb {R} } 13: 2375:, and a complete ordering only on 2360: 2186: 2170: 1730: 782: 590: 574: 112: 85: 14: 2619: 329:) or that they are incomparable. 2466:Infinite Horizon Optimal Control 1054:{\displaystyle y=(-1,2,0,0,...)} 2405: 988:{\displaystyle x=(0,0,0,0,...)} 211:. Given two infinite sequences 32:on an unbounded time interval. 2582: 2457: 2326: 2270: 2264: 2208: 1839: 1783: 1666: 1652: 1610: 1598: 1573: 1555: 1549: 1525: 1519: 1501: 1416: 1410: 1401: 1395: 1274: 1214: 1187: 1127: 1048: 1009: 982: 946: 881: 868: 831: 818: 779: 706: 693: 656: 643: 518: 172: 140: 1: 2450: 1069:2. In the following example, 902:1. In the following example, 724:An alternative condition is: 2546:10.1016/0022-0531(79)90002-4 1638:{\displaystyle \mathbb {R} } 1422:{\displaystyle U(x)<U(y)} 7: 2428: 2368:{\displaystyle X^{\infty }} 1994:in the obvious topology on 1738:{\displaystyle X^{\infty }} 120:{\displaystyle X^{\infty }} 93:{\displaystyle X^{\infty }} 43: 10: 2624: 2534:Journal of Economic Theory 1616:{\displaystyle (X,\prec )} 442:{\displaystyle y\preceq x} 416:{\displaystyle x\preceq y} 322:{\displaystyle y\succeq x} 276:{\displaystyle x\succeq y} 351:is the strict variant of 2156:{\displaystyle x\prec y} 1983:{\displaystyle \preceq } 1910:{\displaystyle \preceq } 1745:in which only the first 1378:{\displaystyle x\prec y} 921:{\displaystyle x\prec y} 748:{\displaystyle x\succ y} 560:{\displaystyle x\prec y} 390:{\displaystyle x\prec y} 364:{\displaystyle \preceq } 200:{\displaystyle \preceq } 2100:{\displaystyle T\geq 3} 2396: 2369: 2333: 2157: 2128: 2101: 2071: 2044: 2043:{\displaystyle T>1} 2015: 1984: 1964: 1942: 1911: 1891: 1868: 1867:{\displaystyle \prec } 1846: 1770: 1739: 1712: 1673: 1639: 1617: 1580: 1483: 1482:{\displaystyle a<b} 1457: 1423: 1379: 1353: 1326: 1306: 1281: 1194: 1103: 1083: 1055: 989: 922: 888: 857: 807: 749: 713: 682: 632: 561: 530: 470: 469:{\displaystyle \prec } 443: 417: 391: 365: 345: 344:{\displaystyle \prec } 323: 297: 277: 251: 237:, it is possible that 231: 201: 179: 121: 94: 69:gross domestic product 61: 2397: 2395:{\displaystyle X_{T}} 2370: 2334: 2158: 2129: 2127:{\displaystyle X_{T}} 2102: 2072: 2070:{\displaystyle X_{T}} 2045: 2016: 2014:{\displaystyle X_{T}} 1985: 1965: 1943: 1941:{\displaystyle X_{T}} 1912: 1892: 1869: 1847: 1771: 1769:{\displaystyle X_{T}} 1740: 1713: 1711:{\displaystyle X_{T}} 1674: 1640: 1618: 1581: 1484: 1458: 1424: 1380: 1354: 1327: 1307: 1282: 1195: 1104: 1084: 1056: 990: 923: 889: 837: 787: 750: 714: 662: 612: 562: 531: 471: 444: 418: 392: 366: 346: 324: 298: 278: 252: 232: 202: 180: 122: 95: 62: 2379: 2352: 2167: 2141: 2111: 2085: 2054: 2028: 1998: 1974: 1954: 1925: 1901: 1881: 1858: 1780: 1753: 1722: 1695: 1649: 1627: 1595: 1498: 1467: 1433: 1389: 1363: 1343: 1316: 1296: 1292:The partial sums of 1205: 1118: 1093: 1073: 1000: 937: 906: 759: 733: 571: 545: 480: 460: 427: 401: 375: 355: 335: 307: 287: 261: 241: 215: 191: 131: 104: 77: 51: 22:overtaking criterion 2417:It is also used in 1992:continuous relation 453:Cardinal definition 230:{\displaystyle x,y} 71:. It is normalized 2576:10.1007/BF01784792 2392: 2365: 2329: 2153: 2124: 2097: 2067: 2040: 2011: 1980: 1960: 1938: 1907: 1887: 1864: 1842: 1766: 1735: 1708: 1687:Ordinal definition 1669: 1635: 1613: 1576: 1479: 1453: 1419: 1375: 1349: 1322: 1302: 1277: 1190: 1109:are incomparable: 1099: 1079: 1051: 985: 918: 884: 786: 745: 709: 557: 526: 466: 439: 413: 387: 361: 341: 319: 303:is weakly better ( 293: 273: 257:is weakly better ( 247: 227: 197: 175: 117: 90: 57: 1963:{\displaystyle T} 1890:{\displaystyle T} 1718:as the subset of 1352:{\displaystyle U} 1325:{\displaystyle y} 1305:{\displaystyle x} 1102:{\displaystyle y} 1082:{\displaystyle x} 771: 296:{\displaystyle y} 250:{\displaystyle x} 60:{\displaystyle X} 28:for a problem of 2615: 2592: 2586: 2580: 2579: 2559: 2550: 2549: 2529: 2518: 2517: 2489: 2480: 2479: 2461: 2440:Cardinal utility 2401: 2399: 2398: 2393: 2391: 2390: 2374: 2372: 2371: 2366: 2364: 2363: 2338: 2336: 2335: 2330: 2301: 2300: 2282: 2281: 2239: 2238: 2220: 2219: 2204: 2203: 2182: 2181: 2162: 2160: 2159: 2154: 2133: 2131: 2130: 2125: 2123: 2122: 2106: 2104: 2103: 2098: 2076: 2074: 2073: 2068: 2066: 2065: 2049: 2047: 2046: 2041: 2020: 2018: 2017: 2012: 2010: 2009: 1989: 1987: 1986: 1981: 1969: 1967: 1966: 1961: 1947: 1945: 1944: 1939: 1937: 1936: 1916: 1914: 1913: 1908: 1896: 1894: 1893: 1888: 1873: 1871: 1870: 1865: 1851: 1849: 1848: 1843: 1814: 1813: 1795: 1794: 1775: 1773: 1772: 1767: 1765: 1764: 1744: 1742: 1741: 1736: 1734: 1733: 1717: 1715: 1714: 1709: 1707: 1706: 1678: 1676: 1675: 1670: 1659: 1644: 1642: 1641: 1636: 1634: 1622: 1620: 1619: 1614: 1585: 1583: 1582: 1577: 1488: 1486: 1485: 1480: 1462: 1460: 1459: 1454: 1452: 1428: 1426: 1425: 1420: 1384: 1382: 1381: 1376: 1358: 1356: 1355: 1350: 1337:cardinal utility 1331: 1329: 1328: 1323: 1311: 1309: 1308: 1303: 1286: 1284: 1283: 1278: 1199: 1197: 1196: 1191: 1108: 1106: 1105: 1100: 1088: 1086: 1085: 1080: 1060: 1058: 1057: 1052: 994: 992: 991: 986: 927: 925: 924: 919: 893: 891: 890: 885: 880: 879: 867: 866: 856: 851: 830: 829: 817: 816: 806: 801: 785: 754: 752: 751: 746: 718: 716: 715: 710: 705: 704: 692: 691: 681: 676: 655: 654: 642: 641: 631: 626: 608: 607: 586: 585: 566: 564: 563: 558: 535: 533: 532: 527: 525: 505: 504: 492: 491: 475: 473: 472: 467: 448: 446: 445: 440: 422: 420: 419: 414: 396: 394: 393: 388: 370: 368: 367: 362: 350: 348: 347: 342: 328: 326: 325: 320: 302: 300: 299: 294: 282: 280: 279: 274: 256: 254: 253: 248: 236: 234: 233: 228: 206: 204: 203: 198: 184: 182: 181: 176: 165: 164: 152: 151: 127:is of the form: 126: 124: 123: 118: 116: 115: 99: 97: 96: 91: 89: 88: 66: 64: 63: 58: 2623: 2622: 2618: 2617: 2616: 2614: 2613: 2612: 2608:Economic growth 2598: 2597: 2596: 2595: 2587: 2583: 2560: 2553: 2530: 2521: 2506:10.2307/1909701 2490: 2483: 2476: 2462: 2458: 2453: 2445:Ordinal utility 2435:Debreu theorems 2431: 2412:economic growth 2408: 2386: 2382: 2380: 2377: 2376: 2359: 2355: 2353: 2350: 2349: 2296: 2292: 2277: 2273: 2234: 2230: 2215: 2211: 2199: 2195: 2177: 2173: 2168: 2165: 2164: 2142: 2139: 2138: 2118: 2114: 2112: 2109: 2108: 2086: 2083: 2082: 2061: 2057: 2055: 2052: 2051: 2029: 2026: 2025: 2005: 2001: 1999: 1996: 1995: 1975: 1972: 1971: 1955: 1952: 1951: 1932: 1928: 1926: 1923: 1922: 1902: 1899: 1898: 1882: 1879: 1878: 1859: 1856: 1855: 1809: 1805: 1790: 1786: 1781: 1778: 1777: 1776:is of the form 1760: 1756: 1754: 1751: 1750: 1729: 1725: 1723: 1720: 1719: 1702: 1698: 1696: 1693: 1692: 1689: 1655: 1650: 1647: 1646: 1630: 1628: 1625: 1624: 1596: 1593: 1592: 1499: 1496: 1495: 1468: 1465: 1464: 1448: 1434: 1431: 1430: 1390: 1387: 1386: 1364: 1361: 1360: 1344: 1341: 1340: 1317: 1314: 1313: 1297: 1294: 1293: 1206: 1203: 1202: 1119: 1116: 1115: 1094: 1091: 1090: 1074: 1071: 1070: 1001: 998: 997: 938: 935: 934: 907: 904: 903: 875: 871: 862: 858: 852: 841: 825: 821: 812: 808: 802: 791: 775: 760: 757: 756: 734: 731: 730: 700: 696: 687: 683: 677: 666: 650: 646: 637: 633: 627: 616: 603: 599: 581: 577: 572: 569: 568: 546: 543: 542: 521: 500: 496: 487: 483: 481: 478: 477: 461: 458: 457: 455: 428: 425: 424: 402: 399: 398: 376: 373: 372: 356: 353: 352: 336: 333: 332: 308: 305: 304: 288: 285: 284: 262: 259: 258: 242: 239: 238: 216: 213: 212: 192: 189: 188: 160: 156: 147: 143: 132: 129: 128: 111: 107: 105: 102: 101: 84: 80: 78: 75: 74: 52: 49: 48: 46: 37:economic growth 30:optimal control 12: 11: 5: 2621: 2611: 2610: 2594: 2593: 2581: 2551: 2519: 2500:(6): 927–929. 2481: 2474: 2455: 2454: 2452: 2449: 2448: 2447: 2442: 2437: 2430: 2427: 2419:repeated games 2407: 2404: 2389: 2385: 2362: 2358: 2328: 2325: 2322: 2319: 2316: 2313: 2310: 2307: 2304: 2299: 2295: 2291: 2288: 2285: 2280: 2276: 2272: 2269: 2266: 2263: 2260: 2257: 2254: 2251: 2248: 2245: 2242: 2237: 2233: 2229: 2226: 2223: 2218: 2214: 2210: 2207: 2202: 2198: 2194: 2191: 2188: 2185: 2180: 2176: 2172: 2152: 2149: 2146: 2121: 2117: 2096: 2093: 2090: 2064: 2060: 2039: 2036: 2033: 2008: 2004: 1979: 1959: 1935: 1931: 1919:complete order 1906: 1886: 1863: 1841: 1838: 1835: 1832: 1829: 1826: 1823: 1820: 1817: 1812: 1808: 1804: 1801: 1798: 1793: 1789: 1785: 1763: 1759: 1732: 1728: 1705: 1701: 1688: 1685: 1668: 1665: 1662: 1658: 1654: 1633: 1612: 1609: 1606: 1603: 1600: 1589: 1588: 1587: 1586: 1575: 1572: 1569: 1566: 1563: 1560: 1557: 1554: 1551: 1548: 1545: 1542: 1539: 1536: 1533: 1530: 1527: 1524: 1521: 1518: 1515: 1512: 1509: 1506: 1503: 1478: 1475: 1472: 1451: 1447: 1444: 1441: 1438: 1418: 1415: 1412: 1409: 1406: 1403: 1400: 1397: 1394: 1374: 1371: 1368: 1348: 1321: 1301: 1290: 1289: 1288: 1287: 1276: 1273: 1270: 1267: 1264: 1261: 1258: 1255: 1252: 1249: 1246: 1243: 1240: 1237: 1234: 1231: 1228: 1225: 1222: 1219: 1216: 1213: 1210: 1200: 1189: 1186: 1183: 1180: 1177: 1174: 1171: 1168: 1165: 1162: 1159: 1156: 1153: 1150: 1147: 1144: 1141: 1138: 1135: 1132: 1129: 1126: 1123: 1098: 1078: 1064: 1063: 1062: 1061: 1050: 1047: 1044: 1041: 1038: 1035: 1032: 1029: 1026: 1023: 1020: 1017: 1014: 1011: 1008: 1005: 995: 984: 981: 978: 975: 972: 969: 966: 963: 960: 957: 954: 951: 948: 945: 942: 917: 914: 911: 897: 896: 895: 894: 883: 878: 874: 870: 865: 861: 855: 850: 847: 844: 840: 836: 833: 828: 824: 820: 815: 811: 805: 800: 797: 794: 790: 784: 781: 778: 774: 770: 767: 764: 744: 741: 738: 722: 721: 720: 719: 708: 703: 699: 695: 690: 686: 680: 675: 672: 669: 665: 661: 658: 653: 649: 645: 640: 636: 630: 625: 622: 619: 615: 611: 606: 602: 598: 595: 592: 589: 584: 580: 576: 556: 553: 550: 524: 520: 517: 514: 511: 508: 503: 499: 495: 490: 486: 465: 454: 451: 438: 435: 432: 412: 409: 406: 386: 383: 380: 360: 340: 318: 315: 312: 292: 272: 269: 266: 246: 226: 223: 220: 196: 174: 171: 168: 163: 159: 155: 150: 146: 142: 139: 136: 114: 110: 87: 83: 56: 45: 42: 9: 6: 4: 3: 2: 2620: 2609: 2606: 2605: 2603: 2591: 2585: 2577: 2573: 2569: 2565: 2558: 2556: 2547: 2543: 2539: 2535: 2528: 2526: 2524: 2515: 2511: 2507: 2503: 2499: 2495: 2488: 2486: 2477: 2475:3-540-54249-3 2471: 2467: 2460: 2456: 2446: 2443: 2441: 2438: 2436: 2433: 2432: 2426: 2424: 2420: 2415: 2413: 2403: 2387: 2383: 2356: 2347: 2342: 2339: 2323: 2320: 2317: 2314: 2311: 2308: 2305: 2302: 2297: 2293: 2289: 2286: 2283: 2278: 2274: 2267: 2261: 2258: 2255: 2252: 2249: 2246: 2243: 2240: 2235: 2231: 2227: 2224: 2221: 2216: 2212: 2205: 2200: 2196: 2192: 2189: 2183: 2178: 2174: 2150: 2147: 2144: 2135: 2119: 2115: 2094: 2091: 2088: 2080: 2062: 2058: 2037: 2034: 2031: 2022: 2006: 2002: 1993: 1977: 1957: 1950:2. For every 1948: 1933: 1929: 1920: 1904: 1884: 1877:1. For every 1875: 1861: 1853: 1836: 1833: 1830: 1827: 1824: 1821: 1818: 1815: 1810: 1806: 1802: 1799: 1796: 1791: 1787: 1761: 1757: 1748: 1726: 1703: 1699: 1684: 1682: 1681:countable set 1663: 1660: 1607: 1604: 1601: 1570: 1567: 1564: 1561: 1558: 1552: 1546: 1543: 1540: 1537: 1534: 1531: 1528: 1522: 1516: 1513: 1510: 1507: 1504: 1494: 1493: 1492: 1491: 1490: 1476: 1473: 1470: 1445: 1442: 1439: 1436: 1413: 1407: 1404: 1398: 1392: 1372: 1369: 1366: 1346: 1338: 1333: 1319: 1299: 1271: 1268: 1265: 1262: 1259: 1256: 1253: 1250: 1247: 1244: 1241: 1238: 1235: 1232: 1229: 1226: 1223: 1220: 1217: 1211: 1208: 1201: 1184: 1181: 1178: 1175: 1172: 1169: 1166: 1163: 1160: 1157: 1154: 1151: 1148: 1145: 1142: 1139: 1136: 1133: 1130: 1124: 1121: 1114: 1113: 1112: 1111: 1110: 1096: 1076: 1067: 1045: 1042: 1039: 1036: 1033: 1030: 1027: 1024: 1021: 1018: 1015: 1012: 1006: 1003: 996: 979: 976: 973: 970: 967: 964: 961: 958: 955: 952: 949: 943: 940: 933: 932: 931: 930: 929: 915: 912: 909: 900: 876: 872: 863: 859: 853: 848: 845: 842: 838: 834: 826: 822: 813: 809: 803: 798: 795: 792: 788: 776: 765: 762: 742: 739: 736: 729: 728: 727: 726: 725: 701: 697: 688: 684: 678: 673: 670: 667: 663: 659: 651: 647: 638: 634: 628: 623: 620: 617: 613: 609: 604: 600: 596: 593: 587: 582: 578: 554: 551: 548: 541: 540: 539: 538: 537: 515: 512: 509: 506: 501: 497: 493: 488: 484: 463: 450: 436: 433: 430: 410: 407: 404: 384: 381: 378: 358: 338: 330: 316: 313: 310: 290: 270: 267: 264: 244: 224: 221: 218: 210: 209:partial order 194: 186: 169: 166: 161: 157: 153: 148: 144: 137: 134: 108: 81: 72: 70: 54: 41: 38: 33: 31: 27: 23: 19: 2584: 2567: 2563: 2537: 2533: 2497: 2494:Econometrica 2493: 2465: 2459: 2416: 2409: 2406:Applications 2348:ordering on 2345: 2343: 2340: 2136: 2024:3. For each 2023: 1949: 1876: 1854: 1746: 1690: 1590: 1334: 1291: 1068: 1065: 901: 898: 723: 456: 331: 187: 73: 47: 34: 21: 15: 536:such that: 2451:References 1679:must be a 1359:such that 899:Examples: 283:) or that 26:optimality 2361:∞ 2324:… 2287:… 2268:≺ 2262:… 2225:… 2187:∀ 2171:∃ 2148:≺ 2092:≥ 1978:⪯ 1905:⪯ 1862:≺ 1837:… 1800:… 1731:∞ 1664:≺ 1608:≺ 1571:… 1553:≺ 1547:… 1523:≺ 1517:… 1446:∈ 1370:≺ 1272:… 1185:… 1013:− 913:≺ 839:∑ 835:− 789:∑ 783:∞ 780:→ 740:≻ 664:∑ 614:∑ 591:∀ 575:∃ 552:≺ 519:→ 510:… 464:≺ 434:⪯ 408:⪯ 382:≺ 359:⪯ 339:≺ 314:⪰ 268:⪰ 195:⪯ 170:… 113:∞ 86:∞ 18:economics 2602:Category 2570:: 1–12. 2429:See also 2414:theory. 423:and not 371:, i.e., 44:Notation 2540:: 1–9. 2514:1909701 2346:partial 1691:Define 2512:  2472:  20:, the 2590:Brock 2510:JSTOR 1990:is a 1917:is a 207:is a 2470:ISBN 2193:> 2035:> 1474:< 1463:and 1405:< 1385:iff 1089:and 766:< 660:< 597:> 2572:doi 2542:doi 2502:doi 2137:4. 1921:on 773:inf 769:lim 397:if 16:In 2604:: 2566:. 2554:^ 2538:21 2536:. 2522:^ 2508:. 2498:38 2496:. 2484:^ 2425:. 2402:. 2050:, 2021:. 1970:, 1897:, 1852:. 1683:. 1489:: 928:: 449:. 185:. 2578:. 2574:: 2568:9 2548:. 2544:: 2516:. 2504:: 2478:. 2388:T 2384:X 2357:X 2327:) 2321:, 2318:0 2315:, 2312:0 2309:, 2306:0 2303:, 2298:T 2294:y 2290:, 2284:, 2279:1 2275:y 2271:( 2265:) 2259:, 2256:0 2253:, 2250:0 2247:, 2244:0 2241:, 2236:T 2232:x 2228:, 2222:, 2217:1 2213:x 2209:( 2206:: 2201:0 2197:T 2190:T 2184:: 2179:0 2175:T 2151:y 2145:x 2120:T 2116:X 2095:3 2089:T 2063:T 2059:X 2038:1 2032:T 2007:T 2003:X 1958:T 1934:T 1930:X 1885:T 1840:) 1834:, 1831:0 1828:, 1825:0 1822:, 1819:0 1816:, 1811:T 1807:x 1803:, 1797:, 1792:1 1788:x 1784:( 1762:T 1758:X 1747:T 1727:X 1704:T 1700:X 1667:) 1661:, 1657:R 1653:( 1632:R 1611:) 1605:, 1602:X 1599:( 1574:) 1568:, 1565:b 1562:, 1559:b 1556:( 1550:) 1544:, 1541:a 1538:, 1535:1 1532:+ 1529:a 1526:( 1520:) 1514:, 1511:a 1508:, 1505:a 1502:( 1477:b 1471:a 1450:R 1443:b 1440:, 1437:a 1417:) 1414:y 1411:( 1408:U 1402:) 1399:x 1396:( 1393:U 1373:y 1367:x 1347:U 1320:y 1300:x 1275:) 1269:, 1266:3 1263:, 1260:3 1257:, 1254:3 1251:, 1248:3 1245:, 1242:3 1239:, 1236:3 1233:, 1230:3 1227:, 1224:3 1221:, 1218:3 1215:( 1212:= 1209:y 1188:) 1182:, 1179:4 1176:, 1173:1 1170:, 1167:4 1164:, 1161:4 1158:, 1155:1 1152:, 1149:4 1146:, 1143:4 1140:, 1137:1 1134:, 1131:4 1128:( 1125:= 1122:x 1097:y 1077:x 1049:) 1046:. 1043:. 1040:. 1037:, 1034:0 1031:, 1028:0 1025:, 1022:2 1019:, 1016:1 1010:( 1007:= 1004:y 983:) 980:. 977:. 974:. 971:, 968:0 965:, 962:0 959:, 956:0 953:, 950:0 947:( 944:= 941:x 916:y 910:x 882:) 877:t 873:y 869:( 864:t 860:u 854:N 849:1 846:= 843:t 832:) 827:t 823:x 819:( 814:t 810:u 804:N 799:1 796:= 793:t 777:N 763:0 743:y 737:x 707:) 702:t 698:y 694:( 689:t 685:u 679:N 674:1 671:= 668:t 657:) 652:t 648:x 644:( 639:t 635:u 629:N 624:1 621:= 618:t 610:: 605:0 601:N 594:N 588:: 583:0 579:N 555:y 549:x 523:R 516:X 513:: 507:, 502:2 498:u 494:, 489:1 485:u 437:x 431:y 411:y 405:x 385:y 379:x 317:x 311:y 291:y 271:y 265:x 245:x 225:y 222:, 219:x 173:) 167:, 162:2 158:x 154:, 149:1 145:x 141:( 138:= 135:x 109:X 82:X 55:X

Index

economics
optimality
optimal control
economic growth
gross domestic product
partial order
cardinal utility
countable set
complete order
continuous relation
Debreu theorems#Additivity of ordinal utility function
economic growth
repeated games
Folk theorem (game theory)#Overtaking
Debreu theorems
Cardinal utility
Ordinal utility
ISBN
3-540-54249-3


doi
10.2307/1909701
JSTOR
1909701



doi
10.1016/0022-0531(79)90002-4

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