The Allocation of Investment in a Dynamic Economy
Karl Shell, Joseph E. Stiglitz
The Quarterly Journal of Economics · 1967 · Volume 81 · Issue 4
Abstract
I. Introduction and summary, 592. — II. The one-sector two-capital model, 593. — III. Dynamic analysis, 597. — IV. Market structure, 603.— V. Rationality and irrationality, 607. — VI. Concluding comments, 609.
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