Journal Article The Definition of Selling Costs Get access E. H. Chamberlin E. H. Chamberlin Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 31, Issue 1, January 1964, Pages 59–64, https://doi.org/10.2307/2295935 Published: 01 January 1964
Journal Article “The New View of Investment”: Reply Get access E. S. Phelps, E. S. Phelps Yale University Search for other works by this author on: Oxford Academic Google Scholar M. E. Yaari M. E. Yaari Yale University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 78, Issue 1, February 1964, Pages 172–176, https://doi.org/10.2307/1880553 Published: 01 February 1964
Journal Article Say's Law and Walras' Law Once More: Reply Get access E. J. Mishan E. J. Mishan London School of Economics Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 78, Issue 3, August 1964, Pages 484–487, https://doi.org/10.2307/1879480 Published: 01 August 1964
I. The theory of relative shares, 575. — II. The aggregation problem, 577. — III. A suggested integration, 584. —IV. An empirical test of the theory, 585. —V. Conclusions, 590.
Journal Article Say's Law and Walras' Law Once More: Comment Get access Robert E. Kuenne Robert E. Kuenne Princeton University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 78, Issue 3, August 1964, Pages 478–483, https://doi.org/10.2307/1879479 Published: 01 August 1964
Every now and then, one encounters an allocation problem in which the variable is a point in an infinite-dimensional space. In such problems, the existence of an optimal choice among all permissible choices is not always assured. The present discussion is devoted to an investigation of this issue for a specific (but fairly common) class of allocation problems. Conditions for the existence of an optimal choice are derived and discussed.
The Review of Economics and Statistics196446(2), 173
T HE successful completion of European recovery in the 1950's brought to the western industrial countries the least restricted regime of international trade and payments in many decades. Its very freedom, however, has revealed a number of problems in maintaining consistent domestic and international economic policies, and in keeping the international policies of different countries consistent with each other. Increasingly, these problems have seemed to center on the matter of international reserves and liquidity. Many plans have emerged for changing our reserves and liquidity arrangements. The variety of proposals at hand reflects more than just divergent views on how to handle a given problem. It also stems from differing diagnoses about the exact nature of the liquidity problem, differing prescriptions for related features of international economic policy, and, finally, differing hunches about the political acceptability of the changes proposed. This paper aims not at cluttering the scene with a new proposal, nor even a new summary of existing plans.1 Rather, it turns to the problem of picking among the alternatives. Once the substantive issues are settled regarding the nature of the difficulty and the future network of international monetary arrangements, then assembling the optimal plan becomes a task for the technicians. What follows is an attempt to classify, first, the diagnoses of present ills and, second, the underlying substantive issues. It is an essay, not on the efficient solution, but on the efficient search procedure.