Journal Article A Symposium on Monetary Theory: Monetary and Value Theory: Comments Get access W. J. Baumol W. J. Baumol Princeton Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 28, Issue 1, October 1960, Pages 29–31, https://doi.org/10.2307/2296246 Published: 01 October 1960

Journal Article The Community Indifference Map: A Construction Get access William J. Baumol William J. Baumol Princeton University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 17, Issue 3, 1949, Pages 189–197, https://doi.org/10.2307/2296278 Published: 01 January 1949

M. L. Balinski, W. J. Baumol; The Dual in Nonlinear Programming and its Economic Interpretation1, The Review of Economic Studies, Volume 35, Issue 3, 1 Jul

In a process of cumulative city deterioration, dynamic models which explicitly incorporate policy variables may be essential to determine policy measures capable of effecting desired long-run changes. This paper presents some simple dynamic models and explores their implications for policies to achieve various public goals. In particular, the analysis points up the distinction between policies, often quite attractive on the surface, which may in fact promise at best only short-run improvements and those which can alter the values of the parameters which determine the equilibrium characteristics of the city. To illustrate the potential use of such models, the paper also reports some empirical estimates of the parameters of two such models and discusses their policy implications.