New Issues in the Theory of Investment
Marcel Savioz
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Description for New Issues in the Theory of Investment
Paperback. This text provides a survey of the One-Relative-Price (Q value) theory of investment and explores the richness of the Many-Relative-Price theory of investment. It then presents a tractable model of modernization investment and a model which explains the cyclical nature of over or underinvestment. Series: Studies in Contemporary Economics. Num Pages: 216 pages, 13 black & white tables, biography. BIC Classification: KCB. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 242 x 170 x 13. Weight in Grams: 411.
The investment good market, together with the consumer good market, the money market and the labour market, are indeed the most extensively studied markets. The exhaustive survey of investment theory by Eisner and Strotz, already quoted four hundred references in 1963, although this work advocating for adjustment costs, was in fact only carried out at the very beginning of modern investment theory! This chapter gives an introduction of the extensive field and is an attempt to present some key ideas of investment theory. 1) We show that modern investment theory is the integration of many traditional approaches. The content of ... Read more
The investment good market, together with the consumer good market, the money market and the labour market, are indeed the most extensively studied markets. The exhaustive survey of investment theory by Eisner and Strotz, already quoted four hundred references in 1963, although this work advocating for adjustment costs, was in fact only carried out at the very beginning of modern investment theory! This chapter gives an introduction of the extensive field and is an attempt to present some key ideas of investment theory. 1) We show that modern investment theory is the integration of many traditional approaches. The content of ... Read more
Product Details
Format
Paperback
Publication date
1992
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
216
Condition
New
Series
Studies in Contemporary Economics
Number of Pages
216
Place of Publication
Berlin, Germany
ISBN
9783540549796
SKU
V9783540549796
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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