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Theory, Experiment and Antitrust Policy
Vernon L. Smith
Vernon Smith focuses on the contributions of industrial organization to the Antitrust Policy.
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Appendix I-H: The Measurement of Capital
Vernon L. Smith
This paper will review the various methods for measuring capital that have found common acceptance in the literature. Each method measures a different aspect of capital, and each will be evaluated critically in terms of its ability to measure that concept of capital to which it is directed. In addition the paper proposes a supplementary measure of capital—value added on wealth account—based upon the net market value of establishments.
Below you may find selected books and book chapters from Economics faculty in the Argyros College of Business and Economics.
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