Actualité publication : « How To Spend It? Capital Accumulation in a Changing World »
« How To Spend It? Capital Accumulation in a Changing World », working paper (Mai 2016) In a society characterized by a multitude of heterogeneous agents and a large number of possibly immaterial, i.e. cultural, educational, etc. goods, each one having distinct social (relative price) and personal value (individual preference), we study the impact of […]