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The reproductive value as part of the shadow price of population

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Gustav Feichtinger
Michael Kuhn
Alexia Prskawetz
Stefan Wrzaczek

 
VOLUME 24 - ARTICLE 28
PAGES 709 - 718
Date Received: 21 Jul 2010
Date Published: 10 May 2011

http://www.demographic-research.org/volumes/vol24/28/

doi:10.4054/DemRes.2011.24.28
   
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Abstract

The reproductive value (see Fisher [10]) arises as part of the shadow price of the population in a large class of age-structured optimal control models.

Author's affiliation
Gustav Feichtinger
University of Technology, Vienna, Austria
Michael Kuhn
Vienna Institute of Demography, Austrian Academy of Sciences, Austria
Alexia Prskawetz
Vienna Institute of Demography, Austrian Academy of Sciences, Austria
Stefan Wrzaczek
Vienna University of Technology, Austria

Keywords
life history, reproductive value

Related links
file All publications in the ongoing Special Collection 8 "Formal Relationships" can be found at http://www.demographic-research.org/special/8/

Word count (Main text)
2341

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