Introduction, 99. — I. Some general features of rational choice, 100.— II. The essential simplifications, 103. — III. Existence and uniqueness of solutions, 111. — IV. Further comments on dynamics, 113. — V. Conclusion, 114. — Appendix, 115.

Four different schools now to be found among economists, 398. — Assumptions made here, 399. — Conflicting views where the total demand for houses is inelastic, 400. — Brown's position substantially correct, 401. — But the "partial equilibrium" approach is open to certain objections, 404. — Separability of the tax into a tax on site value and a tax on building value, 405. — Houses in different locations not quantities of a single commodity but different competing commodities, 409. — Summary of conclusions, 411. — Mathematical appendix, 412.

Journal Article Further Comment Get access Herbert A. Simon Herbert A. Simon Bureau of Public Administration, University of California Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 55, Issue 2, February 1941, Pages 325–330, https://doi.org/10.2307/1882067 Published: 01 February 1941