The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Strotz, Robert H. (1922–1994)

  • Robert M. Coen
Reference work entry


Robert Strotz’s highly original work in economic theory foreshadowed the contemporary field of behavioural economics and introduced the formal analysis of adjustment costs.


Adjustment costs Behavioural economics Cowles Commission Investment Strotz, R. 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Robert M. Coen
    • 1
  1. 1.