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Consider an incomplete market framework with overlapping generations. Consider an incomplete market framework with overlapping generations such as in Paul Samuelson's pioneering contribution. Specifically assume

Consider an incomplete market framework with overlapping generations.

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Consider an incomplete market framework with overlapping generations such as in Paul Samuelson's pioneering contribution. Specifically assume the following: there are two commodities, labor / and a perishable commodity c that needs to be produced from labor the perishable good can be produced with the production technology c

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