Summing Up

Chidem Kurdas
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Chidem Kurdas: Pennsylvania State University

Chapter 6 in Theories of Technical Change and Investment, 1994, pp 123-127 from Palgrave Macmillan

Abstract: Abstract One’s approach to investment and technical change depends on how one defines economic agents’ rationality. How do agents perceive investment opportunities? How do they form expectations? How do they make choices? The answer a theory gives to these questions is a function of the type of rationality it attributes to decision-makers.

Keywords: Technical Change; Economic Agent; Infinite Regress; Behavioral Assumption; Neoclassical Growth Model (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23474-5_6

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DOI: 10.1007/978-1-349-23474-5_6

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