Cournot-Nash Family Decision and Economic Growth in an Extended Solowian Model

The purpose of this paper is to study economic growth with family-based microeconomic foundation. It develops a neoclassical growth model of endogenous wealth accumulation and consumption of two-person families. Growth mechanism and economic structures are based on a generalized Solowian growth mode...

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Bibliographic Details
Main Author: Wei-Bin Zhang
Format: Article
Language:English
Published: Academicus 2020-01-01
Series:Academicus : International Scientific Journal
Subjects:
Online Access: http://www.academicus.edu.al/nr21/Academicus-MMXX-21-101-114.pdf