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Myopic Optimizing and Rules of Thumb in a Micro-Model of Industrial Growth

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  • Day, Richard H
  • Morley, Samuel A
  • Smith, Kenneth R

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  • Day, Richard H & Morley, Samuel A & Smith, Kenneth R, 1974. "Myopic Optimizing and Rules of Thumb in a Micro-Model of Industrial Growth," American Economic Review, American Economic Association, vol. 64(1), pages 11-23, March.
  • Handle: RePEc:aea:aecrev:v:64:y:1974:i:1:p:11-23
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    Cited by:

    1. Gardebroek, Cornelis & Oude Lansink, Alfons G.J.M., 2008. "Dynamic Microeconometric Approaches To Analysing Agricultural Policy," 107th Seminar, January 30-February 1, 2008, Sevilla, Spain 6592, European Association of Agricultural Economists.
    2. Roumasset, James, 2024. "Lexicographic Ordering and Loss Aversion among Low-Income Farmers," Journal of Economic Behavior & Organization, Elsevier, vol. 217(C), pages 483-492.
    3. Oren Setter & Asher Tishler, 2006. "A Brave Leap Or A Gradual Climb? The Dynamics Of Investment In R&D Of Integrative Technologies," Defence and Peace Economics, Taylor & Francis Journals, vol. 17(3), pages 201-222.
    4. Baker, C.B. & Barry, Peter J. & Lee, Warren F. & Olson, Carl E. & Hochman, Eithan & Rausser, Gordon S. & Kottke, Marvin W., 1977. "Economic Growth of the Agricultural Firm," Western Region Archives 260636, Western Region - Western Extension Directors Association (WEDA).
    5. Commendatore, Pasquale & Currie, Martin, 2008. "The cobweb, borrowing and financial crises," Journal of Economic Behavior & Organization, Elsevier, vol. 66(3-4), pages 625-640, June.
    6. Brandt, M.W.Michael W. & Zeng, Qi & Zhang, Lu, 2004. "Equilibrium stock return dynamics under alternative rules of learning about hidden states," Journal of Economic Dynamics and Control, Elsevier, vol. 28(10), pages 1925-1954, September.
    7. Nugent, Jeffrey B., 2023. "A new institutional perspective on business associations: Filling a gap between firms and states in the dynamic analysis of Richard Day," Journal of Economic Behavior & Organization, Elsevier, vol. 211(C), pages 49-59.
    8. Harald Uhlig & Martin Lettau, 1999. "Rules of Thumb versus Dynamic Programming," American Economic Review, American Economic Association, vol. 89(1), pages 148-174, March.
    9. Forster, D. Lynn, 1985. "Optimum Phosphorus Fertilization," 1985 Annual Meeting, August 4-7, Ames, Iowa 278669, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Pasquale Commendatore & Martin Currie, 2006. "A Dynamical Analysis Of Alternative Forms Of Agricultural Land Tenure," Metroeconomica, Wiley Blackwell, vol. 57(4), pages 443-463, November.
    11. Rosser, J. Barkley & Rosser, Marina V, 2023. "A conjoined intellectual journey: Richard H. Day and the journal he founded," Journal of Economic Behavior & Organization, Elsevier, vol. 210(C), pages 83-90.

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