Technology, Organization and Economic Structure Essays in Honor of P
The essays in this volume were presented to Professor Isamu Yamada in honor of his seventy-third birthday. In view of his many professional contributions and associations, a single volume of essays is really insufficient to house the works of all those wh
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210 Technology, Organization and Economic Structure Essays in Honor of Prof. Isamu Yamada
Edited by Ryuzo Sato and Martin J. Beckmann
Springer-Verlag Berlin Heidelberg New York 1983
Editorial Board
H. Albach A.V. Balakrishnan M. Beckmann (Managing Editor) p. Dhrymes J. Green W. Hildenbrand W. Krelle (Managing Editor) H. P. KOnzi K. Ritter R. Sato U. Schittko P. Schonfeld R. Selten Managing Editors
Prof. Dr. M. Beckmann Brown University Providence, RI 02912, USA Prof. Dr. W. Krelle Institut fUr Gesellschafts- und Wirtschaftswissenschaften der Universitat Bonn Adenauerallee 24-42, 0-5300 Bonn, FRG Editors
Prof. Ryuzo Sato Department of Economics Brown University, Providence RI 02912, USA and
J. F. Kennedy School of Government Harvard University Cambridge, MA 02138, USA Prof. Martin J. Beckmann Department of Economics, Brown University Providence, RI 02912, USA
ISBN-13: 978-3-540-11998-2 e-ISBN-13: 978-3-642-48327-1 001: 10.1007/978-3-642-48327-1 This work is subject to copyright. All rights are reserved. whether the whole or part of the material is concerned, specifically those of translation, reprinting, re-use of illustrations, broadcasting, reproduction by photocopying machine or similar means, and storage in data banks. Under § 54 of the German Copyright Law where copies are made for other than private use, a fee is payable to ·Verwertungsgesellschaft Wort", Munich.
© by Springer-Verlag Berlin Heid"elberg 1983 Softcover reprint of the hardcover 1st edition 1983 Printing and binding: Beltz Offsetdruck, Hemsbach/Bergstr. 2142/3140-543210
CONTENTS
v
List of Contributors Ryuzo Sato Martin J. Beckmann PART I:
ORGANIZATION:
Preface
VII
MICRO AND MACRO
1
Martin J. Beckmann
Production Functions in the Analysis of Organizational Structure
2
Yoshio Niho Robert A. Musacchio
Revenue Maximization and Optimal Capital Policies of a Regulated Firm
15
Seiichiro Saitow
The Characteristics of Japanese Enterprises and their Financing
27
Michael Nacht
Public Management: How do you do it?
41
Keizo Nagatani
Macroeconomic Foundations of' Macroeconomics
51
Martin Bronfenbrenner
Notes on Reaganomics
64
PART II:
Does it Exist?
ECONOMIC STRUCTURE
78
Hugo Sonnenschein
Economics of Incentives: An Introductory Account
79
Hanjiro Haga Akio Matsumoto
Economic Equilibrium under Price Rigidities and Quantity Constraints
93
Yasu Hosomatsu
A Necessary and Sufficient Condition for a Continuously Rational Social Choice
Haruo Ogawa Gilbert S. Suzawa Yoshimasa Kurabayashi Itsuo Sakuma
103
The Behavior of Resource Explorating Firm Under Stochastic World 115 Note on the Kakwani and Podder Method of Fitting Lorenz Curves 122 Alternative Matrix Consistent Methods of Multilateral Comparisons for Real Product and Prices 127
IV
PART III:
142
TECHNOLOGY
Mineo Ikeda
Differentiable Manifolds and Economic Structures 143
Haruo Kataoka
On the Local Conservation Laws in the Von Neumann Model 156
Koji Inada
Economic Growth and Biased Technical Change: The Japanese Experience
164
Thomas Russell
Notes on
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