Volume 24 - Article 28 | Pages 709–718  

The reproductive value as part of the shadow price of population

By Gustav Feichtinger, Michael Kuhn, Alexia Prskawetz, Stefan Wrzaczek

This article is part of the ongoing Special Collection 8 "Formal Relationships"

Abstract

The reproductive value (see Fisher [10]) arises as part of the shadow price of the population in a large class of age-structured optimal control models.

Author's Affiliation

• Gustav Feichtinger - Vienna Institute of Demography (Austrian Academy of Sciences), Austria EMAIL
• Michael Kuhn - Österreichische Akademie der Wissenschaften, Austria EMAIL
• Alexia Prskawetz - Wittgenstein Centre for Demography and Global Human Capital (IIASA, OeAW, University of Vienna), Austria EMAIL
• Stefan Wrzaczek - International Institute for Applied Systems Analysis (IIASA), Austria EMAIL

Other articles by the same author/authors in Demographic Research

The optimal transition to a stationary population for concentrated vitality rates
Volume 50 - Article 6

How many old people have ever lived?
Volume 36 - Article 54

Changes in economic activity: The role of age and education
Volume 36 - Article 40

Economic support ratios and the demographic dividend in Europe
Volume 30 - Article 34

Family policies in the context of low fertility and social structure
Volume 29 - Article 37

Does fertility decrease household consumption?: An analysis of poverty dynamics and fertility in Indonesia
Volume 20 - Article 26

Keeping a learned society young
Volume 20 - Article 22

Austria: Persistent low fertility since the mid-1980s
Volume 19 - Article 12

The "Wedding-Ring": An agent-based marriage model based on social interaction
Volume 17 - Article 3

Decomposing the change in labour force indicators over time
Volume 13 - Article 7

Placing the poor while keeping the rich in their place: Separating strategies for optimally managing residential mobility and assimilation
Volume 13 - Article 1

Pathways to stepfamily formation in Europe: Results from the FFS
Volume 8 - Article 5

Fertility in second unions in Austria: Findings from the Austrian FFS
Volume 3 - Article 2

Similar articles in Demographic Research

Age-specific growth, reproductive values, and intrinsic r
Volume 24 - Article 33    | Keywords: age-specific growth, intrinsic r, population momentum, reproductive value, stable equivalent, stable population

Men’s and women’s migration in coastal Ghana: An event history analysis
Volume 22 - Article 25    | Keywords: event history analysis, Ghana, life history, migration, sub-Saharan Africa, urbanization

Top-down and bottom-up research in biodemography
Volume 19 - Article 44    | Keywords: aging, biodemography, evolution, life history

Trajectories and models of individual growth
Volume 15 - Article 12    | Keywords: development, growth, growth curve, life history, model, ontogeny