Woodford, Michael (contributor) - 2005
for its own use only, and
that (as in standard neoclassical investment theory) there are convex costs
of more rapid …, with particular attention to the way in which standard
neoclassical investment theory must be modifled when the flrm is not … for investment by each flrm, of
the usual kind assumed in neoclassical investment theory. Increasing the
capital stock to …