Scholarly Articles
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Item Open Access Case Study of Variables in Retirement Policy, A(1961) Kreps, JuanitaThe 1960's may bring us full circle in the evolution of retirement policy. In conrtast with the depression era of the 1930's, when compulsory retirement was viewed as a means of rationing scarce jobs, the tight labor market conditions i nthe 1940's and early 1950's brought flexible retirement......Item Open Access God and the Critics of Melville(1964) Strandberg, VHItem Open Access Theme and Metaphor in Brother to Dragons(1964-09) Strandberg, VHItem Open Access Faulkner's Poor Parson and The Technique of Inversion(1965) Strandberg, VictorItem Open Access Training and Retraining Older Workers, an Annotated Bibliography.(1965) Kreps, Juanita; Laws, RalphA brief narrative description of the journal article, document, or resource. The need for economy-wide measures designed to retrain workers of all ages resulted in development of this annotated bibliography which is primarily restricted to articles discussing the retraining of older workers. The 123 documents annotated represent the years 1943 through 1964 and are organized under headings of general references and government. (DM)Item Open Access A Dynamic Model of the Firm(1965-05-01) Chu, Kong; Naylor, ThomasIn this paper we utilize traditional microeconomic theory and elementary queuing theory to develop a computer simulation model of a single-product, multi-process firm. One of our objectives is to demonstrate that the body of economic theory known as the "theory of the firm" may be used to provide a convenient frame of reference in applying some of the more recently developed analytical tools of operations research and computer technology to the analysis of the behavior of the firm. The static equilibrium model of the firm presented in Value and Capital by J. R. Hicks is taken as a point of departure in constructing a simulation model in which (1) the time interval between the arrival of orders at the firm is a stochastic variate with a known probability distribution, (2) each order which the firm receives must pass through n processes before it is transformed into a single unit of output, and (3) the time interval which an order spends at the jth process (j = 1,..., n) is a stochastic variate with a known probability distribution.Item Open Access The Economic Impact - Industrial and Regional - of an Arms Cut(Review of Economics and Statistics, 1965-08) Leontief, WW; Morgan, A; Polenske, K; Simpson, D; Tower, EItem Open Access "International Migration and Economic Growth: Australia, 1865-1935"(Journal of Economic History, 1965-09) Kelley, ACItem Open Access A Palm for Pamela: Three Studies in the Game of Love(1966) Strandberg, VHStrandberg discusses the Pamela archetype in Shakespeare's Juliet, Kālidāsa's Shakuntala, and Hemingway's Catherine Barkley.Item Open Access The Revenger's Tragedy: Hamlet's Costly Code(1966) Strandberg, VictorItem Open Access The Nature and Implications of the Reswitching of Techniques(1966) Bruno, Michael; Burmeister, Edwin; Sheshinski, EytanBy 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 single activity recurs.' We have analyzed the conditions under which reswitching can occur, which are perfectly general, the conditions under which it cannot occur, which are quite restrictive, and some of the important im- plications for capital theory..Item Open Access Implicit Tax Rate Reductions with Growth, Progressive Taxes, Constant Progressivity, and a Fixed Public Share(1967) Blackburn, Dr JohnIt is the purpose of this paper to state with rigor and precision the pattern of tax rate reductions which will meet these requirements. The question is approached in Part I by means of a theoretical model with highly restrictive assumptions. After the required pattern of tax rate reductions is established for the simple model, the results are generalized sufficiently to talk about the present situation of the United States. In Part II, teh 1964-65 personal income tax cut is evaluated in the light of the theoretical analysis of Part I. Part III explores some further implications of the ideas discussed in Parts I and II.Item Open Access The Existence of Golden Ages and Stability in the Two-Sector Model(1967) Burmeister, EdwinThere are several related questions which can be asked in the context of the neoclassical two-sector growth model...Item Open Access The Short-Run Stability of the Foreign Exchange Market(Review of Economics and Statistics, 1967-05) Stein, JL; Tower, EItem Open Access A Note on the Global Stability of a Simple Growth Model With Many Capital Goods(1968) Burmeister, Edwin; Dobell, Rodney; Kuga, KiyoshiGrowth models with many assets represent an obvious advance beyond the simple one-sector model involving only a single real capital good, and permit discussion of portfolio choice, capital market trading conditions, and other important features of a general equili- brium system. One of the particularly interesting features of such models is the emergence of certain dynamic efficiency conditions, or capital market equilibrium conditions, when auxiliary variables interpreted as shadow prices of assets are introduced...Item Open Access Spaced responding and choice: A preliminary analysis(Journal of the Experimental Analysis of Behavior, 1968) Staddon, JERItem Open Access The Comedy of Othello(1968) Strandberg, VHItem Open Access Warren's Osmosis(1968) Strandberg, VHItem Open Access The Badly Behaved Production Function: Comment(1968) Bruno, Michael; Burmeister, Edwin; Sheshinski, EytanIn 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." 1 This assertion relates to a theorem recently proved by US.2 A glance at their own example shows, how- ever, that their conclusion is completely unwarranted...Item Open Access The Determinents of Industrial Research and Development: A study of the chemical, drug, and petrolium industries(Journal of Political Economy, 1968) Grabowski, Henry G