Search Results - "Ha‐Huy, Thai"
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1
Wheels and cycles: Suboptimality and volatility of corrupted economies
Published in International journal of economic theory (01-12-2022)“…We consider a simple economy where production depends on labor supply and social capital. Networking increases the social capital (“greases the wheel”) but…”
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2
A not so myopic axiomatization of discounting
Published in Economic theory (01-02-2022)“…This article builds an axiomatization of inter-temporal trade-offs that takes an explicit account of the distant future. The focus is on separable…”
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3
Ascendant altruism and asset price bubbles
Published in International journal of economic theory (01-12-2022)“…We consider an overlapping generations economy with altruism toward parents and a long‐lived asset that delivers no dividends (pure bubble asset). We explore…”
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4
Heterogeneous human capital, inequality and growth: The role of patience and skills
Published in International journal of economic theory (01-12-2020)“…We extend the Lucas (1988) model, introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We…”
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5
Optimal growth when consumption takes time
Published in Journal of public economic theory (01-09-2020)“…This article analyzes a one‐sector growth model where the consumption takes time. When the consumption takes time, the consumption set is compact and we meet…”
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6
A multidimensional, nonconvex model of optimal growth
Published in Journal of mathematical economics (01-12-2023)Get full text
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7
Saving and dissaving under Ramsey–Rawls criterion
Published in Journal of mathematical economics (01-12-2022)“…This article studies an inter-temporal optimization problem under a criterion that is a combination of Ramsey’s and Rawls’s criteria. A detailed description of…”
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8
A never-decisive and anonymous criterion for optimal growth models
Published in Economic theory (01-02-2014)“…We address in this paper the question of the existence of a Social Welfare Function that would be sustainable and would allow us to obtain solutions to optimal…”
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9
A simple characterisation for sustained growth
Published in Journal of mathematical economics (01-12-2020)“…This article considers an inter-temporal optimisation problem in a general form and gives conditions ensuring the convergence to infinity of the economy. These…”
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10
On maximin dynamic programming and the rate of discount
Published in Economic theory (01-04-2019)“…This article establishes a dynamic programming argument for a maximin optimization problem where the agent completes a minimization over a set of discount…”
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11
Existence of equilibrium on asset markets with a countably infinite number of states
Published in Journal of mathematical economics (01-12-2017)“…We consider a model with a countably infinite number of states of nature. The agents have equivalent probability beliefs and von Neumann–Morgenstern utilities…”
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12
Economic dynamics with renewable resources and pollution
Published in Mathematical social sciences (01-11-2020)“…This article considers a two-sector economy with externalities. In particular, the analysis involves an industrial sector whose polluting production activities…”
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13
Rational bubbles in altruistic economies: when Tirole meets Ramsey
Published in Economics bulletin (2019)“…We consider an overlapping generations model a la Tirole (1985) augmented with altruism from parents to children as in Barro (1974). We compute the global…”
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14
Arbitrage and equilibrium in economies with short-selling and ambiguity
Published in Journal of mathematical economics (01-05-2018)“…We consider a model with a finite number of states of nature where short sells are allowed. We present a notion of no-arbitrage price weaker than the one of…”
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15
Arbitrage and asset market equilibrium in infinite dimensional economies with short-selling and risk-averse expected utilities
Published in Mathematical social sciences (01-01-2016)“…We consider a model with an infinite number of states of nature, von Neumann–Morgenstern utilities, where agents have different probability beliefs and where…”
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16
A tale of two Rawlsian criteria
Published in Mathematical social sciences (01-07-2022)“…This article considers optimization problems under two Rawls criteria. The first criterion is the classical Rawls criterion from the literature and the second…”
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17
Long-Run Cycles in a Growth Model with Natural Externalities
Published in Environmental modeling & assessment (01-02-2024)“…We develop an AK model augmented in two directions: first, by modeling nature as a productive externality, and, second, by considering a process of natural…”
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18
Balanced growth and degrowth with human capital
Published in Economics letters (01-11-2023)“…In a simple discrete-time version of Lucas (1988) we find that the Balanced Growth Path (BGP) is always the unique optimal planner’s solution: with linear or…”
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19
An α -MaxMin utility representation for close and distant future preferences with temporal biases
Published in Journal of mathematical economics (01-12-2023)“…This paper provides a framework for understanding preferences over utility streams across different time periods. We analyze preferences for the close future,…”
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20
Recycling vs Mining: Competition for Market Shares, Collusion for Market Power
Published in Revue économique (01-01-2023)“…As an alternative to the production of virgin materials, recycling brings competition in a market dominated by an oligopoly of mining firms. Herein we…”
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