Depreciation, Replacement costs, Asset valuation

Journal Article The Stability of the Competitive System which contains Gross Complementary Goods Get access Ryuzo Sato Ryuzo Sato Brown University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 39, Issue 4, September 1972, Pages 495–499, https://doi.org/10.2307/2296518 Published: 01 September 1972

During the first half of the 1960s the U.S. Treasury conducted eleven advanced refundings. Publicly held Treasury securities aggregating $188, 631 million were made eligible for exchange and $62, 642 million were exchanged — an aggregate exchange ratio of 33 percent.

RES (Review of Economic Studies) , January, 1971, concerning whether or not Gorman's Lemma 1 (RES, 1968) can be strengthened by re-laxing Gorman's assumption of arc-connectivity for the space of prospects to connectivity alone. A lemma is proved showing the mentioned relaxation feasible and furnishing proof for Gorman's Lemma 1. This supplies a missing foundation stone of Gorman's "Structure of Utility Functions " and generalizes the results therein.

Accounting Principles Board, Oil and Gas, Equity valuation, Efficient market Hypothesis

A belief frequently expressed by observers of the stock market is that groups of institutions tend to trade in the same way at the same time. Two expressions of this belief follow:Frequently reference is made to the ‘impact’ of institutional investors on the stock market. Apparently it is worrisome to the observers of the markets to find that we tend to buy and sell somewhat in unison.

R. Richardson Pettit, Randolph Westerfield, A Model of Capital Asset Risk, The Journal of Financial and Quantitative Analysis, Vol. 7, No. 2, Supplement: Outlook for the Securities Industry (Mar., 1972), pp. 1649-1668

I. Introduction, 94.— II. The formal model, 95.— III. Optimal policies for a simulated recession, 100. — IV. Concluding remarks, 108. — Appendix, 109.