Journal Articles 1960–1979

What sort of equilibrium exists in markets where resources have to be used to acquire information? Specifically, the question has been raised as to whether the existence of information costs can lead…

In this study housing demand is analyzed using 1970 Census data for households in the county of Stockholm grouped by census tract. The statistical results indicate an elasticity of housing expenditure…

A model to be used for planning short-term in-patient medical care is presented. The individual clinic is treated as a production unit which produces different kinds of treated wardcases with a given…

Inside the neoclassical framework a monopoly produces an unambiguous loss of social welfare. In this article some dynamic efficiency aspects of monopoly in connection with economies of scale are discu…