Volume 24 - Article 28 | Pages 709–718  

The reproductive value as part of the shadow price of population

By Gustav Feichtinger, Michael Kuhn, Alexia Prskawetz, Stefan Wrzaczek

This article is part of the ongoing Special Collection 8 "Formal Relationships"


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

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