The Classics: Diverse Behavioral Assumptions

  • Chidem Kurdas


As I indicated in the introduction, this book is about the interaction of investment and technical change. However, the first two sections of this chapter are about investment per se. These sections demonstrate how different assumptions about expectations underlie different investment theories. That is their justification.


Technical Change Real Wage Capitalist Consumption Saving Rate Special Stimulus 
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Copyright information

© Chidem Kurdas 1994

Authors and Affiliations

  • Chidem Kurdas
    • 1
  1. 1.Pennsylvania State UniversityUSA

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