Quarterly Journal of Austrian Economics
Author:
Nicolás Cachanosky
Alexandre Padilla
Online Publish Date:
Quarterly Journal of Austrian Economics 19, no. 3 (Fall 2016) ABSTRACT: We develop a simple mathematical version of Garrison’s model. The purpose to develop a mathematical framework is to (1) show how such representation can be used and (2) layout a path for future work that requires a more flexible version of Garrison’s treatment than the