Knowledge that Transforms

Journal Article A Note on the Concavity of the Mean-Variance Problem Get access David Sibley David Sibley Yale University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 42, Issue 3, July 1975, Pages 479–481, https://doi.org/10.2307/2296861 Published: 01 July 1975

Journal Article The Aggregate Excess Demand Correspondence and the Structure of Economies with Externalities Get access D. T. Scheffman D. T. Scheffman University of Western Ontario Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 42, Issue 4, October 1975, Pages 597–604, https://doi.org/10.2307/2296796 Published: 01 October 1975

This paper is a sequel to the analysis of the growth process of firms presented in Chapters 4 and 5 of our book Growth, Profitability and Valuation. The relationship between size and growth of firms is explored using a more comprehensive set of data than was used in the book. In particular, the book was based on data relating to individual quoted companies in the UK in only three large industries, whereas, in this paper, we extend the analysis to cover all major industrial groups in manufacturing, construction and distribution. This paper explores the relationship between size and growth of firms, and particularly stochastic models based on the Law of Proportionate Effect or Gibrat's Law.

Risk Aversion and Wealth Effects on Portfolios with Many Assets: An Extension Get access Ngo van Long Ngo van Long Australian National University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 42, Issue 3, July 1975, Pages 473–477, https://doi.org/10.2307/2296860 Published: 01 July 1975

Journal Article ”Turnpike“ Theory With (Under) Consumption Get access Trout Rader Trout Rader Washington University, St Louis Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 42, Issue 1, January 1975, Pages 155–165, https://doi.org/10.2307/2296829 Published: 01 January 1975

Journal Article First-Order Certainty Equivalence with Instrument-Dependent Randomness Get access Jean-Jacques Laffont Jean-Jacques Laffont University of Montreal Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 42, Issue 4, October 1975, Pages 605–614, https://doi.org/10.2307/2296797 Published: 01 October 1975

Parts II-IV of [1] are concerned with the simple case where there is a one-to-one-to-one relationship between private goods, public goods and final goods. Section V attempts to generalize the analysis in this respect by allowing for the fact that it will typically be the case that a private or a public good enters into several production functions for final goods. Let there be n final goods, q private goods and t public goods, and consider the following two alternative versions of consumers' production functions for final goods:

Journal Article Testing Theories of Discount House Portfolio Selection Get access A. S. Courakis A. S. Courakis Oxford University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 42, Issue 4, October 1975, Pages 643–648, https://doi.org/10.2307/2296801 Published: 01 October 1975

Journal Article Stable Spillovers among Substitutes Get access E. C. H. Veendorp E. C. H. Veendorp Tulane University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 42, Issue 3, July 1975, Pages 445–456, https://doi.org/10.2307/2296857 Published: 01 July 1975