Optimal Buffer Stocks in Neumann-- Economies under Uncertainty

dc.contributor.author Gardner, Roy
dc.contributor.author Lapan, Harvey
dc.contributor.department Economics
dc.date 2018-02-16T08:46:07.000
dc.date.accessioned 2020-06-30T02:09:23Z
dc.date.available 2020-06-30T02:09:23Z
dc.date.embargo 2015-05-04
dc.date.issued 1979
dc.description.abstract <p>There exists side-by^side substantial literatures on von Nuemann economies—especially their turnpike properties—(7, 8],—and on optimal growth theory under uncertainty (1, 2» 6]. Typically, the von Neumann models, although deterministic, have a fairly complicated product technology, while the optimal growth models rely on fairly rudimentary product technologies. The present work attempts to bring these two literatures together with the confines of a two-sector von Neumann model under uncertainty. For ease of interpretation, and as the primary application, the model is considered as one of an optimally planned economy [3, 4].</p>
dc.identifier archive/lib.dr.iastate.edu/econ_las_staffpapers/101/
dc.identifier.articleid 1081
dc.identifier.contextkey 7063578
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_staffpapers/101
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/21969
dc.source.bitstream archive/lib.dr.iastate.edu/econ_las_staffpapers/101/EconStaffPaper_083.pdf|||Fri Jan 14 18:13:37 UTC 2022
dc.subject.disciplines Growth and Development
dc.subject.disciplines Probability
dc.subject.disciplines Statistical Methodology
dc.subject.disciplines Statistical Models
dc.title Optimal Buffer Stocks in Neumann-- Economies under Uncertainty
dc.type article
dc.type.genre report
dspace.entity.type Publication
relation.isOrgUnitOfPublication 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d
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