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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="other" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">Computational Mathematics and Mathematical Physics</journal-id><journal-title-group><journal-title xml:lang="en">Computational Mathematics and Mathematical Physics</journal-title><trans-title-group xml:lang="ru"><trans-title>Журнал вычислительной математики и математической физики</trans-title></trans-title-group></journal-title-group><issn publication-format="print">0044-4669</issn><issn publication-format="electronic">3034-5332</issn><publisher><publisher-name xml:lang="en">The Russian Academy of Sciences</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">134300</article-id><article-id pub-id-type="doi">10.31857/S0044466923030043</article-id><article-id pub-id-type="edn">DYFCWG</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>Optimal control</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>ОПТИМАЛЬНОЕ УПРАВЛЕНИЕ</subject></subj-group><subj-group subj-group-type="article-type"><subject>Unknown</subject></subj-group></article-categories><title-group><article-title xml:lang="en">Economic Growth Models with Heterogeneous Discounting</article-title><trans-title-group xml:lang="ru"><trans-title>Модели экономического роста с неоднородным дисконтированием</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Borissov</surname><given-names>K. Yu.</given-names></name><name xml:lang="ru"><surname>Борисов</surname><given-names>К. Ю.</given-names></name></name-alternatives><email>kirill@eu.spb.ru</email><xref ref-type="aff" rid="aff1"/><xref ref-type="aff" rid="aff2"/></contrib><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Pakhnin</surname><given-names>M. A.</given-names></name><name xml:lang="ru"><surname>Пахнин</surname><given-names>М. А.</given-names></name></name-alternatives><email>mpakhnin@eu.spb.ru</email><xref ref-type="aff" rid="aff1"/><xref ref-type="aff" rid="aff2"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">European University at Saint Petersburg</institution></aff><aff><institution xml:lang="ru">ЕУСПб</institution></aff></aff-alternatives><aff-alternatives id="aff2"><aff><institution xml:lang="en">Institute for Problems of Regional Economics, Russian Academy of Sciences</institution></aff><aff><institution xml:lang="ru">ИПРЭ РАН</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2023-03-01" publication-format="electronic"><day>01</day><month>03</month><year>2023</year></pub-date><volume>63</volume><issue>3</issue><issue-title xml:lang="en"/><issue-title xml:lang="ru"/><fpage>355</fpage><lpage>379</lpage><history><date date-type="received" iso-8601-date="2023-10-10"><day>10</day><month>10</month><year>2023</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2023, К.Ю. Борисов, М.А. Пахнин</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2023, К.Ю. Борисов, М.А. Пахнин</copyright-statement><copyright-year>2023</copyright-year><copyright-holder xml:lang="en">К.Ю. Борисов, М.А. Пахнин</copyright-holder><copyright-holder xml:lang="ru">К.Ю. Борисов, М.А. Пахнин</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/></permissions><self-uri xlink:href="https://journals.rcsi.science/0044-4669/article/view/134300">https://journals.rcsi.science/0044-4669/article/view/134300</self-uri><abstract xml:lang="en"><p>A survey of theoretical economic growth models with agents having different subjective discount factors is proposed. The structure of equilibrium paths in such models, their dynamics and convergence to stationary equilibria, and the relationship with Pareto optimal paths are described. Models with socially determined discount factors in which time preferences are formed endogenously are discussed, and the basic difficulties associated with social choice in the case of heterogeneous discount factors are examined. The models presented in the paper shed light on internal mechanisms of a market economy that lead to the division of society into the rich and the poor.</p></abstract><trans-abstract xml:lang="ru"><p id="idm45181323765344">Предлагается обзор теоретических моделей экономического роста, в которых потребители различаются по своим субъективным коэффициентам дисконтирования. Описывается устройство равновесных траекторий в таких моделях, их динамика и сходимость к стационарным равновесиям, а также взаимосвязь с оптимальными по Парето траекториями. Обсуждаются модели с социально обусловленными коэффициентами дисконтирования, в которых межвременные предпочтения формируются эндогенно, а также рассматриваются основные трудности, связанные с общественным выбором в условиях неоднородных коэффициентов дисконтирования. Представленные в статье модели проливают свет на внутренние механизмы рыночной экономики, которые приводят к делению общества на богатых и бедных. Библ. 45.</p></trans-abstract><kwd-group xml:lang="en"><kwd>economic growth</kwd><kwd>inequality</kwd><kwd>heterogeneous agents</kwd><kwd>discounting</kwd><kwd>voting</kwd><kwd>general equilibrium</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>экономический рост</kwd><kwd>неравенство</kwd><kwd>неоднородные агенты</kwd><kwd>дисконтирование</kwd><kwd>голосование</kwd><kwd>общее равновесие.</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><mixed-citation>Ramsey F.P. 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