Investment and the Optimal Idleness of Capital

DOI10.2307/2296759MaRDI QIDQ4050362zbMATH OpenOpenAlexFDO

Authors Gordon C. Winston, Thomas O. McCoy

Publication date 1974

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/2296759

Mathematics Subject Classification ID

Decision theory (91B06)

Cited in

(2)

• The (normal) rate of capacity utilization at the firm level
• Endogenous capital utilization in a short-run production model. Theory and an Shupirical application

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