Journal Article Indifference Maps for Indispensable Goods Get access J. A. Galbraith J. A. Galbraith Ottawa, Canada Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 20, Issue 2, 1952, Pages 152–155, https://doi.org/10.2307/2295849 Published: 01 January 1952

Journal Article A Comparison of Organisation Theories Get access H. A. Simon H. A. Simon Pittsburgh, Pennsylvania Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 20, Issue 1, 1952, Pages 40–48, https://doi.org/10.2307/2296160 Published: 01 January 1952

The problem of controlling the rate of production of a single product can be stated in terms of servomechanism theory, and the well-developed methods of that theory employed to study the behavior of a control system. This is illustrated for a simple system, and a cost criterion is constructed for evaluating alternative decision rules or constructing an optimal rule. Laplace transform methods are introduced, and some of their elementary uses for studying the stability and steady-state behavior of systems are illustrated.