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Summing Up

In: Theories of Technical Change and Investment

Author

Listed:
  • Chidem Kurdas

    (Pennsylvania State University)

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.

Suggested Citation

  • Chidem Kurdas, 1994. "Summing Up," Palgrave Macmillan Books, in: Theories of Technical Change and Investment, chapter 6, pages 123-127, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-23474-5_6
    DOI: 10.1007/978-1-349-23474-5_6
    as

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