@article{ref1,
title="Ramsey in dual-population lands: internal conflict and utility-maximizing consumption",
journal="Defence and peace economics",
year="2007",
author="Levy, Arielle and Faria, Joao Ricardo",
volume="18",
number="4",
pages="339-352",
abstract="Ramsey's model is extended to three possible scenarios of conflicts in dual-population lands: partition, federation and civil war. The federally utility-maximizing consumption-growth rate in a strictly political federation might be lower than that under partition for the wealthier and more slowly multiplying group. This group may benefit from joining a federation that facilitates technological transfer and from obeying the federal no-arbitrage rule as long as its own technology is inferior to the hybrid. The utility-maximizing consumption growth rate for a group engaged in a civil war is larger than those under partition and a strictly political federation if its rival's warfare is mainly aimed at inflicting casualties and is likely to be smaller when its rival's warfare is mainly sabotage.<p />",
language="",
issn="1024-2694",
doi="10.1080/10242690600951698",
url="http://dx.doi.org/10.1080/10242690600951698"
}