Rawls' Maximin Criterion and Time-Consistency: Further Results
研究采用极大极小福利函数的跨期社会在非线性技术下的规划问题，分析时间一致性与最优性是否兼容，并推广了时间一致情形到更广模型，部分否定了早期文献的结论。
The paper is concerned with the implications of a maximin welfare function for an intertemporal society which has a nonlinear technology at its disposal, but holds conflicting preferences over time. The complete solution given shows that time-consistency and optimality of plans may or may not be compatible. The time-consistent case is generalized to a very wide class of models. This leads to the partial invalidation of a result stated in the earlier literature on the subject.