L'investissement et l'enteprise

J.-L. Vauzangues

Revue Économique, 1956, vol. 7, issue 4, 568-593

Abstract: [eng] SUMMARY Theories of the size and investment of the enterprise relate to the same outline Investment at the enterprise level is analysed by means of logic of choices to which the theory is reduced It is logic of choices iliade to face future and uncertain problems The capitalization formulas make it possible to consider duration wich curbs do not take into account Does it suffice then to reduce rhe incertitude to distribution of probability of expected values In rea lity the conduct appears refractory iiiy outlined formulation Investment is bet and realization requires concourse of will and of means which are not obtained without conflicts The will and the capacity of the employer just is the available res- sources are not infinitely elastic These elements control tlie volume of investment not only through the decision made priori by the employer but also it lie end of successive confrontations between options made by agents who ire engaged in the process of investing

Date: 1956
Note: DOI:10.3406/reco.1956.407186
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