Chipman, John S. and Tian, Guoqiang (1993): ClosedForm Solution of General Intertemporal Consumption Maximization Models. Published in: Mathematical Modeling in Economics (1993): pp. 95109.

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Abstract
This paper considers explicit representations for very general (discrete and continuoustime) intertemporal consumptionmaximization models which allow the instantaneous preferences of the consumer and the timepreference factors to vary over time and for the nonexistence of utility functions, more than one generation of consumers with a given probability of death, many commodities, and, further, a wide class of preferences which do not necessarily satisfy the socalled “regularity conditions” (such as differentiability, strict convexity, boundedness, or continuity) and include most of the wellknown preferences in literature.
Item Type:  MPRA Paper 

Original Title:  ClosedForm Solution of General Intertemporal Consumption Maximization Models 
Language:  English 
Keywords:  Closedform; Solution; Intertemporal Consumption; Maximum Models 
Subjects:  D  Microeconomics > D9  Intertemporal Choice > D91  Intertemporal Household Choice ; Life Cycle Models and Saving 
Item ID:  41223 
Depositing User:  Guoqiang Tian 
Date Deposited:  19 Sep 2012 11:38 
Last Modified:  08 Oct 2019 16:42 
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URI:  https://mpra.ub.unimuenchen.de/id/eprint/41223 