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Browsing by Author "Bruno, Michael"

DukeSpace

Browsing by Author "Bruno, Michael"

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  • The Badly Behaved Production Function: Comment
    Bruno, Michael; Burmeister, Edwin; Sheshinski, Eytan (The Quarterly Journal of Economics, 1968)
    In their recent article Joan Robinson and K. A. Naqvi provide an example which they think ". . . conclusively disproves the notion that the number of switches cannot be more than the number of capital goods in the system." ...
  • The Nature and Implications of the Reswitching of Techniques
    Bruno, Michael; Burmeister, Edwin; Sheshinski, Eytan (The Quarterly Journal of Economics, 1966)
    By reswitching of techniques we mean the recurrence at different rates of interest of a whole matrix of activities or a "technique of production." The "Ruth Cohen Curiosum" may be considered a special case where only a ...
  • Switching of Techniques and Consumption Per Head: An Economic Clarification
    Bruno, Michael; Burmeister, Edwin; Sheshinski, Eytan (The Quarterly Journal of Economics, 1970)
    Using the notation of our original paper,' we summarize differ- ent techniques by (nXn) input matrices a, b, c, . . . and the cor- responding labor requirement vectors ao, bo, ... When one sets the wage w=1 as a normalization, ...