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Published in: Journal of Economic Interaction and Coordination 2/2018

21-04-2018 | Correction

Correction to: Heterogeneity in social values and capital accumulation in a changing world

Authors: Pierre Gosselin, Aïleen Lotz, Marc Wambst

Published in: Journal of Economic Interaction and Coordination | Issue 2/2018

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Excerpt

In the printed version of the article, the conditions for the derivatives of Eq. (5) in Sect. 3.2 contained several misprints. The correct version reads as follows:
$$ Y_{t} = \eta \left( {\phi_{t} .\chi_{t} } \right)\left( {\xi \, K_{2} \left( {\xi ,\eta ,\phi_{t} .V_{t} } \right)V_{t} + (1 - \xi )K_{1} \left( {\xi ,\eta ,\phi_{t} .\chi_{t} } \right)\chi_{t} } \right) - \eta \left( {\phi_{t} } \right) $$
(5)
so that the derivatives satisfy the following conditions: \( (\xi K_{2} )_{1} > 0,\;((1 - \xi )K_{1} )_{1} < 0,\;(\xi K_{2} )_{1,1} < 0,\;((1 - \xi )K_{1} )_{1,1} < 0,\;(K_{i} )_{3} > 0,\;(K_{i} )_{3,3} < 0 \) for i  = 1, 2.” …

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Metadata
Title
Correction to: Heterogeneity in social values and capital accumulation in a changing world
Authors
Pierre Gosselin
Aïleen Lotz
Marc Wambst
Publication date
21-04-2018
Publisher
Springer Berlin Heidelberg
Published in
Journal of Economic Interaction and Coordination / Issue 2/2018
Print ISSN: 1860-711X
Electronic ISSN: 1860-7128
DOI
https://doi.org/10.1007/s11403-018-0222-y

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Journal of Economic Interaction and Coordination 2/2018 Go to the issue