This article describes some dynamic aspects on dynastic utility incorporating two-sided altruism with an OLG setting. The special case is analyzed where the weights of two-sided altruism are dynamically inconsistent. ...This article describes some dynamic aspects on dynastic utility incorporating two-sided altruism with an OLG setting. The special case is analyzed where the weights of two-sided altruism are dynamically inconsistent. The Bellman equation for two-sided altruism proves to be reduced to one-sided dynamic problem, but the effective discount factor is different only in the current generation. It is shown that a contraction mapping result of value function cannot be achieved in general, and that there can locally exist an infinite number of self-consistent policy functions of the class C＂ with distinct steady states （indeterminacy of self-consistent, differentiable policy functions）.展开更多
On the basis of the findings of our fieldwork in Shuanglong Village of the Tujia ethnic group in Enshi, Hubei, we find that woman is neither the subjectless existence of＂otherness＂ as traditionally regarded nor the ...On the basis of the findings of our fieldwork in Shuanglong Village of the Tujia ethnic group in Enshi, Hubei, we find that woman is neither the subjectless existence of＂otherness＂ as traditionally regarded nor the rational subject embodying multiple survival strategies as defined by some scholars. The female self is primarily an emotional subject with the dual features of inclusion and exclusion. The significance of the female self for society lies in the fact that the inclusive aspect provides a psychological and practical basis for the integration of rural society, while the exclusive aspect creates a space for breaking through this society＇s existing norms and customs.展开更多
文摘This article describes some dynamic aspects on dynastic utility incorporating two-sided altruism with an OLG setting. The special case is analyzed where the weights of two-sided altruism are dynamically inconsistent. The Bellman equation for two-sided altruism proves to be reduced to one-sided dynamic problem, but the effective discount factor is different only in the current generation. It is shown that a contraction mapping result of value function cannot be achieved in general, and that there can locally exist an infinite number of self-consistent policy functions of the class C＂ with distinct steady states （indeterminacy of self-consistent, differentiable policy functions）.
文摘On the basis of the findings of our fieldwork in Shuanglong Village of the Tujia ethnic group in Enshi, Hubei, we find that woman is neither the subjectless existence of＂otherness＂ as traditionally regarded nor the rational subject embodying multiple survival strategies as defined by some scholars. The female self is primarily an emotional subject with the dual features of inclusion and exclusion. The significance of the female self for society lies in the fact that the inclusive aspect provides a psychological and practical basis for the integration of rural society, while the exclusive aspect creates a space for breaking through this society＇s existing norms and customs.
