Habit Formation and Preference Change with Capital and Renewable Resources
Background: Although there are many formal models about interactions among habit formation, preference change and the economic growth, only a few formal models examine implications of habit formation and preference change for the economic growth with resources. Objectives: This paper builds an econo...
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| Format: | Article |
| Language: | English |
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Sciendo
2013-12-01
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| Series: | Business Systems Research |
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| Online Access: | https://doi.org/10.2478/bsrj-2013-0016 |