Scientific Reports:
G. Feichtinger, M Kuhn, A. Fürnkranz-Prskawetz, S. Wrzaczek:
"The Reproductive Value as Part of the Shadow Price of Population";
Report for Vienna Institute of Demography;
Report No. Working Paper No. 6,
2011;
9 pages.
English abstract:
The reproductive value (see Fisher 1930) arises as part of the shadow price of the population in a large class of age-structured optimal control models.
Keywords:
Reproductive value, distributed optimal control theory, McKendrick equation, shadow price, indirect effect
Created from the Publication Database of the Vienna University of Technology.