The optimum growth rate for population under critical-level utilitarianism
(2011)
Journal Article
Renström, T., & Spataro, L. (2011). The optimum growth rate for population under critical-level utilitarianism. Journal of Population Economics, 24(3), 1181-1201. https://doi.org/10.1007/s00148-010-0348-2
We characterize optimal consumption, capital, and population growth of a production economy under critical-level utilitarianism. First, we show that neither classical utilitarianism nor average utilitarianism can avoid a corner solution for the popul... Read More about The optimum growth rate for population under critical-level utilitarianism.