Optimal capital policy, the cost of capital, and myopic decision rules

  • Kenneth J. Arrow
Article

DOI: 10.1007/BF02868559

Cite this article as:
Arrow, K.J. Ann Inst Stat Math (1964) 16: 21. doi:10.1007/BF02868559

Copyright information

© Institute of Statistical Mathematics 1964

Authors and Affiliations

  • Kenneth J. Arrow
    • 1
  1. 1.Stanford University and Churchill CollegeCambridge

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