Chapter

A Problem in Stock Adjustment

John Hicks

in Methods of Dynamic Economics

Published in print October 1987 | ISBN: 9780198772873
Published online November 2003 | e-ISBN: 9780191596438 | DOI: http://dx.doi.org/10.1093/0198772874.003.0010
 A Problem in Stock Adjustment

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This chapter analyses a problem involving the behaviour of the individual producer (or stock-holder). It focuses that part of his behaviour which relates to the stock (or inventory) of finished product. In particular, the whole question of investment in fixed capital is left entirely on one side.

Keywords: economic theory; stock adjustment; inventory; stockholder; fixed capital

Chapter.  4140 words. 

Subjects: Macroeconomics and Monetary Economics

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