Introduction, 44. — I. Motivational assumptions, 46. — II. The planning process, 49. — III. Organizational slack, 53. — IV. Empirical relevance, 55. — V. Theoretical relevance, 58. — VI. Summary, 62.
I. Introduction and review, 537. — II. Many-goods model, 539. — III. Euler necessary conditions, 541. — IV. Case of satiated production, 544. — V. Physical analogy of small vibrations, 547. — VI. Case of utility satiation, 549. — VII. Practical computation, 553. — VIII. Hamiltonian formulation, 554. — IX. Pay-off in terms of initial state, 559. — X. Conclusion, 561.
Introduction, 270. — I. Description of sample and definition of terms, 271. — II. Compensation and industry, 273; compensation, profit and size, 275; executive mobility, 279. — III. Position of the individual firm, 283. — IV. Executive compensation and the theoretical model, 288. — V. Implications, 293.
Introduction, 23. — I. Some weak points in traditional monetary policies, 23; budgetary problems, 24; shortcomings in the use of interest rates as a disciplinary device, 28; the perversity of illiquidity and uncertainty, 30; excessive generality of effect, 32. — II. A monetary policy for today's world, 33; the place of consumer and real estate credit controls, 34; security reserve proposals, 38. — III. Conclusions, 42.
I. Introduction: widespread use of community indifference curves, 1. — II. Attempts to justify the use of community indifference curves, 3. — III. Proof of the nonexistence of community indifference contours, 4. — IV. Nature of Scitovsky's community indifference contours, 6. — V. Problem of family preference: a parable, 8. — VI. Optimal ways of achieving income redistribution, 12. — VII. Regular properties of social indifference contours, 14. — VIII. Perfect competition and bliss, 19. — IX. Final summary, 21.
I. Introduction, 65. — II. A model of long-run growth, 66. — III. Possible growth patterns, 68. — IV. Examples, 73. — V. Behavior of interest and wage rates, 78. — VI. Extensions, 85. — VII. Qualifications, 91.
The article presents intermediate accounting instructions in the year 1955. Instruction in intermediate accounting was surveyed through a questionnaire that was sent to 100 colleges in the spring of 1955. Answers were received from two-thirds of the colleges. The survey dealt with the state of instruction as it is, rather than as it might be, but the latter aspect was not entirely overlooked. The course seems to be firmly established in schools offering a more or less complete study of accounting. Schools with a three-year program in accounting offer the intermediate course in the second year, typically for the full year. The force of this impression is reduced, though not materially, by two further disclosures. Second, certain topics in a book were omitted, even in a year course. Leading the list of topics omitted is review of accounting process, which was mentioned 4 times. In the survey, it was asked that should the teachers be tagged for intermediate accounting as one of the specialized fields in which to teach. The answers received show that 31 schools regard the intermediate course as a specialized field, 16 do not, rotating teachers; have combination policies, and 12 pursue no positive policy on the question.
Accountancy and economics have the same objectives of cognition. Both branches examine the individual economic cell as well as the entire economic body of a country. In the center of these studies are the administration of scarce resources and the determination of income and production volume. It is often emphasized that the economist assumes the national, community or social point of view while the accountant is limited to the individual enterprise. But actually both branches have sections which deal with the national economy, that is, with the economic organism as an entity, or with the link between two or more national economies and both have sections dealing with firms, that is, with the ultimate bricks of this more highly organized structure. Business accounting can be regarded as that part of accountancy which is engaged in the studies of the firm, and microeconomics is its counterpart in economic analysis, while national accounting on one side, and macro-economics on the other, are dealing with the over-all picture of the economy.