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'Technology is becoming ever more widely recognised as the crucial element in the explanation of economic growth and business fluctuations. Yet the relationship between investors' rationality and investment strategy remains ill understood, and is often constructed in contradictory fashion. Chidem Kurdas's lucid exploration of the problem provides the basis for a synthesis that should prove extremely useful: it is the most original book if its kind that I know.' Professor Heilbroner, The New School for Social Research, New York What is involved in the rational calculation behind the decision to invest and innovate? This book compares the different answers given to this question, from the early classics to recent new classical and new institutionalist models, in a both rigorous and accessible way.
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Table of contents (6 chapters)
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Bibliographic Information
Book Title: Theories of Technical Change and Investment
Book Subtitle: Riches and Rationality
Authors: Chidem Kurdas
DOI: https://doi.org/10.1007/978-1-349-23474-5
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Chidem Kurdas 1994
Hardcover ISBN: 978-0-333-55828-7Published: 19 July 1994
Softcover ISBN: 978-1-349-23476-9Published: 01 January 1994
eBook ISBN: 978-1-349-23474-5Published: 27 July 2016
Edition Number: 1
Number of Pages: IX, 161
Topics: Economic Theory/Quantitative Economics/Mathematical Methods