Foldvary
Stiglitz (1977, p. 278) also presents a model relating population, consumption, rent, and public goods. As set forth in Atkinson and Stiglitz (1987 [1980]), the utility function is U(G,X), where G is a collective and X a severable good. Output Y is a function of workers: Y = f(N) = XN + G. ................
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