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Shadow prices j=1 (-cojxj)+lo-bo fo. yo (-cyjxj)-(1+r);-1+ l + (1+rb)b;-1 b f (i = 1, 2,..., N 1), yi j=1 J (-CNjx))-(1+re)N-1+ (1 -b)bN-1+UN

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Shadow prices j=1 (-cojxj)+lo-bo fo. yo (-cyjxj)-(1+r);-1+ l + (1+rb)b;-1 b f (i = 1, 2,..., N 1), yi j=1 J (-CNjx))-(1+re)N-1+ (1 -b)bN-1+UN fN. J=1 YN bi B (i=0,1,..., N-1), wi 0xuj (j=1, 2,...,J), bi0, 0 (0, 1,..., N-1). Pi= 1+re, Yi-1 =1+r, Pi 1+r Yi-1 1+r 1+r+Wi1. Yi

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