Kydland, Prescott Rules Rather than Discretion Th

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Rules Rather than Discretion: The Inconsistency of Optimal Plans

Finn E. Kydland; Edward C. Prescott

The Journal of Political Economy, Vol. 85, No. 3. (Jun., 1977), pp. 473-492.

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You have printed the following article:

Rules Rather than Discretion: The Inconsistency of Optimal Plans
Finn E. Kydland; Edward C. Prescott
The Journal of Political Economy, Vol. 85, No. 3. (Jun., 1977), pp. 473-492.

Stable URL:

http://links.jstor.org/sici?sici=0022-3808%28197706%2985%3A3%3C473%3ARRTDTI%3E2.0.CO%3B2-A

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[Footnotes]

3

On the Existence of a Consistent Course of Action when Tastes are Changing

Bezalel Peleg; Menahem E. Yaari
The Review of Economic Studies, Vol. 40, No. 3. (Jul., 1973), pp. 391-401.

Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28197307%2940%3A3%3C391%3AOTEOAC%3E2.0.CO%3B2-V

4

On Second-Best National Saving and Game-Equilibrium Growth

E. S. Phelps; R. A. Pollak
The Review of Economic Studies, Vol. 35, No. 2. (Apr., 1968), pp. 185-199.

Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28196804%2935%3A2%3C185%3AOSNSAG%3E2.0.CO%3B2-X

7

Investment Under Uncertainty

Robert E. Lucas, Jr; Edward C. Prescott
Econometrica, Vol. 39, No. 5. (Sep., 1971), pp. 659-681.

Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28197109%2939%3A5%3C659%3AIUU%3E2.0.CO%3B2-0

12

Contraction Mappings in the Theory Underlying Dynamic Programming

Eric V. Denardo
SIAM Review, Vol. 9, No. 2. (Apr., 1967), pp. 165-177.

Stable URL:

http://links.jstor.org/sici?sici=0036-1445%28196704%299%3A2%3C165%3ACMITTU%3E2.0.CO%3B2-D

http://www.jstor.org

LINKED CITATIONS

- Page 1 of 3 -

NOTE: The reference numbering from the original has been maintained in this citation list.

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References

Contraction Mappings in the Theory Underlying Dynamic Programming
Eric V. Denardo
SIAM Review, Vol. 9, No. 2. (Apr., 1967), pp. 165-177.

Stable URL:

http://links.jstor.org/sici?sici=0036-1445%28196704%299%3A2%3C165%3ACMITTU%3E2.0.CO%3B2-D

Adjustment Costs in the Theory of Investment of the Firm
J. P. Gould
The Review of Economic Studies, Vol. 35, No. 1. (Jan., 1968), pp. 47-55.

Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28196801%2935%3A1%3C47%3AACITTO%3E2.0.CO%3B2-9

Investment Under Uncertainty

Robert E. Lucas, Jr; Edward C. Prescott
Econometrica, Vol. 39, No. 5. (Sep., 1971), pp. 659-681.

Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28197109%2939%3A5%3C659%3AIUU%3E2.0.CO%3B2-0

Rational Expectations and the Theory of Price Movements

John F. Muth
Econometrica, Vol. 29, No. 3. (Jul., 1961), pp. 315-335.

Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28196107%2929%3A3%3C315%3AREATTO%3E2.0.CO%3B2-G

On the Existence of a Consistent Course of Action when Tastes are Changing

Bezalel Peleg; Menahem E. Yaari
The Review of Economic Studies, Vol. 40, No. 3. (Jul., 1973), pp. 391-401.

Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28197307%2940%3A3%3C391%3AOTEOAC%3E2.0.CO%3B2-V

http://www.jstor.org

LINKED CITATIONS

- Page 2 of 3 -

NOTE: The reference numbering from the original has been maintained in this citation list.

background image

On Second-Best National Saving and Game-Equilibrium Growth

E. S. Phelps; R. A. Pollak
The Review of Economic Studies, Vol. 35, No. 2. (Apr., 1968), pp. 185-199.

Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28196804%2935%3A2%3C185%3AOSNSAG%3E2.0.CO%3B2-X

Consistent Planning

R. A. Pollak
The Review of Economic Studies, Vol. 35, No. 2. (Apr., 1968), pp. 201-208.

Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28196804%2935%3A2%3C201%3ACP%3E2.0.CO%3B2-O

Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment

Thomas J. Sargent; David Fand; Stephen Goldfeld
Brookings Papers on Economic Activity, Vol. 1973, No. 2. (1973), pp. 429-480.

Stable URL:

http://links.jstor.org/sici?sici=0007-2303%281973%291973%3A2%3C429%3ARETRRO%3E2.0.CO%3B2-O

On Rational Entrepreneurial Behaviour and the Demand for Investment

A. B. Treadway
The Review of Economic Studies, Vol. 36, No. 2. (Apr., 1969), pp. 227-239.

Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28196904%2936%3A2%3C227%3AOREBAT%3E2.0.CO%3B2-V

http://www.jstor.org

LINKED CITATIONS

- Page 3 of 3 -

NOTE: The reference numbering from the original has been maintained in this citation list.


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