REFERENCES - Springer978-3-662-03081-3/1.pdf · Infinite Horizon with Production and General ......

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AUTHOR INDEX

Ahmad, S., 4, 6, 24, 49

Aliprantis, C., 94, 189,202

Alkan, AU., ISS

Appelbaum, E., 7, 46

Araujo, A, 187

Arrow, K., 11,42, 81, 111,231,232

Atsumi, H., 134, 136, 141

Balasko, Y, 153

Baldwin, C.Y., 236

Barbera, A, 261

Baumol, W., 255

Beneveniste, L.M., 163

Berndt, E.R., 47

Bernholz, P., 8, 49, 50, 64, 69, 79, 89, 135,

138

Bewley, T.F., 22, 111, 162, 187, 188,209

Blaug, M., 4

Bliss, C.J., I, 3, 5,6, 22, 79, 119

Bohm-Bawerk, E.v., 8, 50, 69, 89, 105,

137, 138, 137, 138

Borges, A, 233

Boyd III, J.H., 161, 163

Breyer, F., 69

Broadie, M., 250

Brock, W., 202

Brown, D., 94, 188, 189,202

Burke, J.L., 209

Burkinshaw, 0., 94, 189,202

Burmeister, E., 1, 4, 6, 7, 24, 46, 50, 94,

105, 106, 114, 133,235

Cass, D., 1, 13, 163, 184

Chew, S., 3

Clark, S.A., 155

Cornwall, R.R., 28, 35, 38, 82, 83, 157

Crouzeix, J.P., 244

D'Autume, A, 236

Daly, H.E., 120

Dasgupta, S., 202

Day, R., 1

Debreu, G., 6, 11, 82, 150, 157,210,221

Diamond, P., 90

Diewert, E.W., 244

Dixit, A, 8

Donaldson, J., 13, 175, 184

Epstein, L., 3

Faber, M., 1, 2, 3, 5, 8, 9, 28, 49, 50, 54,

57,61,63,64,66, 71, 74, 79, 85, 86,

89, 97, 105, 120, 135, 138, 173, 232,

256,258,268,270

Gale, D., 12, 119, 134-137, 141,225

Geanakoplos, J., 201, 213, 215

Geoffrion, AM., 254

Georgescu-Roegen, N., 66

Goulder, L., 233

Grandmont, J.M., 1

Greer, ??, 256

Giith, W., 42

Hahn, F.A., 8, 42, 230, 231

Hanley, N., 187

Hansson, B., 47

Harcourt, G.C., 4

Harris, R., 7, 46

Hawking, SW., 3

Hewitt, E., 181

Hicks, J.R., 1, 8,23,43,237

Hildenbrand, W., 115

Homburg, S., 134,212

Jaksch, HJ., 49, 50

284

Jevons, W., 50

Jorgenson, D., 232

Kehoe, T., 254

Kemeney, J., 50

Keyzer, M., 107-109

Kirman, A.P., 115

Koopmans, T., 26, 90, 94, 188,202,214

Koyck, L.M., 47, 233

Kreps, D.M., 4, 26, 38, 69, 82, 145

Kurz, M., 35, 146, 151, 155, 163, 164,

166,175,183,210,214,233

Kydland, F.E., 46

Lee, D., 255

Leijonhufvud, A., 2

Levine, D., 254

Lewis, L.M., 188, 189

Lindahl, E., 23

Lucas, R., 1, 187

Machina, M., 4

Magill, M.J.P., 20, 150

Majumdar, M., 13, 146, 149, 151, 164,

175,184,202,209,214,221

Malinvaud, E., 1, 12, 13, 35, 114, 120,

133-135, 141, 145, 153, 163, 208,

214

Manne, A.S., 42, 108, 109, 149, 230, 236,

255

Manning, R., 66

Mas-Colell, A., 152, 163,210,221

Mathiesen, L., 255

McConnell, v., 261

McFadden, D., 146, 150, 163, 164, 175,

183, 184,208,221

McKenzie, L.W., 161, 163

Menger, C., 49, 50

Michaelis, P., 232, 256

Michel, P., 236

Mitra, T., 13, 149, 163, 164, 175, 184,

202, 208, 221

Morgenstern, 0., 50

Negishi, T., 50

Nermuth, M., 20

Newbery, P., 230

Nickel, J.S., 47, 233

Niehans, J., 8

Niemes, H, 1, 28, 61, 63, 79, 120, 173,

258, 268, 270

O'Driscoll, G., 3

Oates, W., 255

Orosel, G., 50

Peleg, B., 114, 146, 150

Pellengahr, I., 66

Phelps, E.S., 129

Polemarchakis, H, 201

Prescott, E.C., 1,46, 187

Proops, J., 1,2,3, 5, 49, 50, 57, 64, 232

Radner, R., 12, 13, 113, 146, 150, 151,

157, 164, 175,209

Ramsey, F., 187

Reiss, w., 50, 54, 57, 79, 85, 86, 89, 97

Richels, ??, 236

Rizzo, M.J., 3

Rockwell, R., 12, 119, 134-136, 141,225

Rosser, J.B., 1

Rudin, W., 113, 150, 158, 160

Ruth, M., 232

Rutherford, T., 255

Samuelson, P.S., 201

Scarf,H.E., 14,230,250

Scazzieri, R., 27

Schumpeter, J., 10, 49, 50

Shell, K., 153,201

Shoven, J.B., 14

Siebert, H, 46

Solow, R.M.,

Speck, S., 4

Stackelberg, H.v., 70

Starrett, D., 12, 35, 119, 120, 128, 129,

133-135, 141-143, 146, 163, 166,

175,210,214

Stephan, G., 1, 5,6, 13, 14,28,29,43,44,

46, 49, 50, 61, 63, 79, 90, 113, 120,

135, 137, 146, 153, 163, 167, 168,

169, 173, 175, 180, 183, 184, 189,

193, 202, 208, 210, 212, 219, 222,

226, 227, 229, 230, 233, 235, 236,

237, 240, 255, 256, 258, 266, 267,

268,270

Thalenhorst, 1., 235

Thompson, G., 50

Varian, H.R., 7, 71, 75, 76, 81, 249

Wagenhals, G., 14, 184,202,219,222

Walras, L., 14

Weizsacker, c.c.v., 8, 129

Welch, R., 209

Wenig, A., 235

Whalley, 1., 14

Wicksell, K., 8

Wiedmer, T., 14

Wilson, C., 209

Wolik, N., 222

Yaari, M., 114, 146, 150, 163

Yosida, K., 181

Zame, W., 152, 163

285

SUBJECT INDEX

activity analysis, 50

adjustment potential, 5, 236, 242, 246

allocation theory, 1, 5, 9, 19, 36, 38, 41,

105

Austrian capital theory, 8, 10, 13, 47, 49-

51,54, 79, 146, 162

backward induction, 106, 109, 110

backward programming, 162

balanced growth, 119, 124, 141

capital good(s), 3-6, 8-10, 43, 44, 49, 58,

60, 61, 64, 72, 105, 108, 124, 133,

140, 163, 164, 167, 172, 183, 232-

246,253,266,267

capital over-accumulation, 183

capital theory controversies, 4, 24, 50

capital theory, 1,3-10, 13, 19,20,43,47,

49-51, 54, 105, 129, 146, 162, 210,

229

capital value property, 134, 135, 141, 143,

203, 213, 215, 216, 222, 223, 225,

227

capital, 1-13,43,45,47,49,50,59-65,67,

72, 73, 120, 124-133, 137, 140-142,

145, 146, 162-167, 183, 213, 236-

240, 243, 244, 247, 256, 257, 264,

266,268,269

clairvoyant, 20, 201, 231-233, 237, 246

cobweb cycles, 42, 44, 108

competitive, 30, 46, 149, 152-156, 158,

163, 169, 175, 178, 181, 183, 184,

187, 193, 202, 213-215, 218, 222,

230

competitive equilibria, 187, 202, 203, 208,

209,212,213,219,222,225,226

competitive equilibrium, 201-203, 205,

208-227, 252

competitive equilibrium prices, 215

competitive price system, 152, 169

competitive prices, 13, 134, 141, 153, 155,

156, 158, 175, 178, 181, 193, 209,

210,219

computability, 246, 250

computable general equilibrium, 14, 229-

231,233,236,253,270

constant rate of interest price system, 130,

133

conventional approach, 13, 229, 233, 234,

237,238,242

conventional production theory, 236, 238

demand function, 246, 249, 250

direct, 63, 65, 167, 186, 209, 222, 255,

256

directedness of time, 107, 109, 110

discount rate, 69, 90,186,187,267

discounted price, 7, 21, 23, 24

discounting consumption, 186

disequilibrium, 246

double infinity, 201

dual space, 156-161

dynamic computable general equilibrium

model, 230, 231

dynamics, 2, 14,22,28,230,231,233

efficiency price system, 152, 157, 162,

169, 177, 178, 181, 182, 184, 185,

189,192,

efficiency prices, 13, 141, 146, 147, 149,

150, 152, 154, 156, 157, 160, 161,

163, 16~ 173, 175-177, 181-183,

185, 193,210

288

end-of-horizon stocks, 107-109

entropy-law, 3, 28, 268

equilibrium, 7, 11, 24, 26, 42, 53, 66, 76,

82,94, 106, 145, 148, 149, 162, 163,

201, 202, 212, 213, 221, 225-227,

231-233,236,238,246,249-254

excess demand function, 250

expectation(s), 2, 20, 42, 44, 107, 119,

233,237

feasible consumption program(s), 31, 51,

81,96,177,179,183,188,208,217,

219,220

feasible intertemporal consumption bundle,

81,86,94,95, 157, 160

feasible intertemporal production program,

55,80

feasible production program, 30, 31, 32,

33, 38, 39, 40, 54-56, 60, 81, 113,

114, 116, 121, 123, 124, 136, 137,

139-141,149,151,152

first theorem of welfare, 26, 201, 203, 250

fixed-point algorithm, 250, 255

forward market(s), 7, 11, 13, 14, 20, 21,

22,24,25,35,41,42,44,47,51,67,

106, 148, 149, 156, 161, 201, 211,

229, 231-233, 237, 243, 246, 252,

267

future market(s), 42, 257

golden rule, 126, 118-138, 140-143

impatience, 141, 186-192

impatience to consume commodity n, 86

impatience to consume, 11, 69-75, 80, 85-

87, 89-94, 99, 100, 102, 105, 110,

185-189,193

inconsistency, 108

indirect labor inputs, 63

infinite price paradox, 152, 156, 175

infinity paradox, 155, 161, 162

information structures, 232

innovation potential, 203, 218, 242

innovation, 3, 9,10,11,14,49,51,57,63-

66,68, 75, 80, 94, 97, 106, 167,230-

238, 253-257, 264

innovative technique(s), 222

insignificant future conditiQn, 143, 214-

218

intertemporal completeness, 13, 42, 43,

202,229,231

intertemporal efficiency, 12, 19, 26, 32,

41, 120, 145

intertemporal production program, 26, 30,

31,3~ 33, 35, 3~ 41,44,54,55,59,

60, 80

intertemporal profit maximization, 134,

145,148-155,161,201,209,214

intertemporal transformation curve, 53

intertemporal valuation equilibrium, 203,

208,210,212,221,222

intertemporally efficient, 32, 33, 38, 41,

51,52,56,62,145,147

intra-incomplete market system, 252, 253

intra-temporal complete, 230, 233, 234

intra-temporal completeness, 13, 41, 42,

44,229

intra-temporal incomplete, 14,229

invention, 3, 9, 59, 65, 256

invisible hand, 6, 9, 19, 21, 24, 26, 37,

145, 152, 255

irreversibility, 10,47,49, 232

irreversible, 4, 5, 46, 61, 108, 112, 223,

240,255,258

Lagrange-multiplier, 71, 72

linear functional (approach), 13, 150-161,

175,181,182

linear-limitational technologies, 59

linear-limitational, 59, 66, 67

local impatience, 188-190

long-run adjustment (potential), 5, 233,

236, 242

long-run efficiency, 114

long-run equilibrium, 42, 232, 249-252

long-run superiority of roundaboutness, 97

MALINVAUD approach, 153, 155, 175

MALINV AUD efficiency, 114

MALINVAUD method, 13, 154-156, 160,

169,175,180-182,193,213

MALINVAUD prices, 155, 156, 160, 175,

193-197

MALINVAUD-STARRETT theory, 12,

120, 133-135, 141

market failure at infinty, 213, 214

market supply function, 247, 250

modeling of time, 23, 109

myopic behavior, 36, 42, 153, 161, 202,

210,214,222

myopic model, 232, 233

myopic, 35, 36, 42,162,231-233

neo-Austrian (capital) theory (approach),

8, 10, 13,47,49,51,79, 105, 146,

163, 173, 229, 231, 233, 237, 238

neo-classical capital theory, 6, 7, 8, 129,

146, 163, 238

non-golden rule, 134-143, 183

non-substitution theorem, 66-68, 73, 75,

130

non-tight, 146, 164, 170-172

non-tightness, 145, 146, 155, 163-167,

169, 172

open-endedness of the future, 13, 105, 107,

109, 146, 187

open-endedness, II, 175

overlapping generations model, 14, 201-

215,221,222,229

own interest rate, 68, 72, 87, 94, 95

289

own rate of interest, 11, 24, 25, 51-53, 65,

68, 74, 92, 95, 96, 98, 99, 135

Pareto-efficiency, 201-203, 215, 219, 221,

222

Pareto-efficient, 201-205, 209, 210, 214,

215,219-221,250-252

perfect foresight, 20, 41, 106

PHELPS-characterization, 130

positive own rate(s) of interest, 53, 65, 68,

91,94, 184, 192

positive rate(s) of interest, 10, 51, 66, 72-

74,102

potential for innovation, 57,202,203,218,

222, 242

preference ordering, 70, 81, 82, 84-86, 90,

91, 94, 95, 98, 188-192, 207, 249,

267

preferences for the earlier timing of utility,

87, 90

present (value) price(s), 7, 10, 13, 19,21,

33, 38, 42, 83, 146, 147, 149, 152,

153, 156, 175, 176, 183, 184, 209,

210,215,246,267

present value maximization property, 148,

152,211

present value maximizing property, 150

present value of production, 35, 36, 51,

145, 148-152,268

price part, 151, 152, 161, 181, 182

primal space, 135, 156, 157

produced means of production, 3, 4, 43,

47,49

production process, 26-30, 32, 35, 44, 46,

47, 49, 57-59, 61-64, 66, 72, 109,

115, 123, 124, 148, 222, 235-246,

264,265,268

production technique(s), 5, 8, 64, 94, 105,

167, 202, 235, 238, 242-248, 254,

256, 264-269

290

productive, 28, 162, 165, 166, 183

proportional programs, 119, 121, 135-137,

140

pure role of time, 4, 10, 19,20,41,47

putty-clay (approach), 5, 236

rate of interest, 9, 24, 25, 50-52, 68, 73,

135

reachability, 146, 163, 166, 169, 173

reachable, 146, 166, 173, 183

recursive model, 108,231,233

roundabout, 4, 10, 11, 54-56, 95, 96, 98,

101,106,138,141,167-173

roundaboutness, 10,50,51,54,56,94,96,

97, 135, 137, 146, 167-169, 172,

173,201,203,213,222,223,226

savings, 53,233

second law of thermodynamics, 28, 61

second theorem of welfare, 10, 19,38

separating hyperplane theorem, 39, 41, 83-

85, 145, 147, 148, ISO, 152, 157,

160, 181

separating hyperplane(s), 82, 84, 88, 174

shadow price, 72, 266

short-run adjustment, 232, 233, 246, 266

short-run flexibility,S, 236

short-run substitution potential, 242, 253

short-run superiority of roundaboutness, 97

spot-market, 14,21,24,42, 156, 161,229-

233

stationary program, 61, 62

steady state, 12, Ill, 119-143, 145, 168,

183, 184

stocks, 10, 49, 60, 63, 105, 107-110, 112,

124-133, 137, 140, 142, 202, 203,

214, 232-237, 240-243, 246, 257,

264,267,269

structural change, 2, 10, 49, 65, 75, 119,

167, 172, 256

substitution potential, 185, 242

substitution possibility, 137, 148, 155, 192,

242,246,253

substitution, 13, 53, 87, 97, 135, 137, 138,

146, 149, 152, 153, 164, 165, 169,

172, 175-177, 203, 215, 222, 254,

264,266,268

sunk costs of capital, 236

superior, 55, 56, 63, 81, 95-98, 101, 168,

173,205

superiority of roundaboutness, 50, 51, 53,

55-57, 61-65, 68, 73-75, 80, 89, 94,

95, 97, 99, 135-143, 164, 167-169,

173,182-185,201,203,215-221

superiority, 51, 55, 56, 63, 75, 94, 97, 102,

137, 138, 167, 169

tiitonnement process, 7, 42, 156

technical change, 3, 9, 64, 65

technique,S, 8-11, 49, 51, 63-65, 80, 94,

97, 105, 202, 222, 230, 232, 237-

248, 256, 264-269

technological change, 9, 63, 68, 123

technology set, 27, 28, 30, 38, 39, 40, 59,

80,81,85,112,113,116,117,124,

125, 138-140, 165, 171-173, 185,

207, 209, 223, 234, 239, 244-247,

250, 252

temporal structure of production and

consumption, 10, 49, 51

temporal structure of production and

innovation, 64

theorem of welfare, 10, 19, 26, 38, 201,

203,250

thermodynamic arrow of time, 28

time irreversibility, 47

time is directed, 3, 20, 28, 109

time lag of adjustment, 47, 237, 253,

time preference, 10,51,66,69,75

topology, 113, 116, 150-152, 157-161,

176,181,188,189,223

transversality condition, 202, 203, 212,

214

truncation, 107,213,224-227

turnpike theory, 137

uncertainty, 3, 4, 10, 11, 19, 20, 106, 236,

266

utilitarian approach, 187

valuation equilibria, 208, 219

valuation equilibrium, 203, 210-212, 219-

222

vertically aggregated characterization, 237

vertically desintegrated, 235

Walras' law, 210, 250

welfare function, 69-73, 75, 81, 90, 100,

152, 156, 186, 189

welfare theory, 1,2, 7, 10, 19, 145, 202

well-organized markets, 6, 7, 8, 13,22, 46,

47, 152, 201, 202, 229-232, 236,

237,243,246,252

291

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