Journal Article Optimal Development in the Labour-Surplus Economy Get access A. K. Dixit A. K. Dixit Massachusetts Institute of Technology Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 35, Issue 1, January 1968, Pages 23–34, https://doi.org/10.2307/2974404 Published: 01 January 1968

Introduction, 452. — I. Theoretical considerations, 454. — II. Estimating the relation between the rate of growth and the gross incremental capitaloutput ratio, 455. III. Other factors affecting ky 456. — IV. Conclusions, comments, hypotheses, 459. — Appendix, 463.

Peter A. Firmin, Seymour S. Goodman, Thomas E. Hendricks, James J. Linn, University Cost Structure and Behavior: An Empirical Study, Journal of Accounting Research, Vol. 6, Empirical Research in Accounting: Selected Studies 1968 (1968), pp. 122-155

This paper attempts to shed new light on the extent to which college education brings financial returns. It recognizes the existence of a number of variables that are likely to affect the financial returns that education produces for a given person -particularly the student's ability and motivation, and the quality of his schooling. It attempts to isolate returns to education from returns to these other related variables.

Abstract In recent years accountants have increased the emphasis on their role as suppliers of information for management decisions. This is partly a broadening of the scope of accounting and partly a recognition that more and better information can be produced. Accountants and other information producers must play a key role in deciding which information should be produced. However, the methodology for making these decisions is lacking. This article assumes that the criterion for designing information systems is that value should exceed cost. The purpose of the article is to provide a framework for determining the value of a change in the information system. In order to achieve this, the article formally develops individual components that are required to calculate the expected payoff for a particular information system. Relevance has been suggested as an important criterion for selecting information. In fact, many authors consider that a signal can only be called information if it is relevant to some decision by the receiver, i.e., relevant information is a redundant term. These discussions usually imply that a signal is relevant if its receipt changes the decision. Thus, relevance requires specification of both a decision maker and a decision.

Reviews the book "Tax Reform and the Alliance for Progress," by Raynard M. Sommerfeld.