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Capital and TimeA Neo-Austrian Theory$
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J. R. Hicks

Print publication date: 1987

Print ISBN-13: 9780198772866

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198772866.001.0001

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Shortening and Lengthening

Shortening and Lengthening

(p.125) XI Shortening and Lengthening
Capital and Time

John Hicks

Oxford University Press

This chapter reports on what has been achieved in the way of extension. There is no second Standard Case which seems to be analysable in comparable detail. Some of the Standard Case assumptions are tested out, in order to get a general idea of the kinds of complication which arise in their absence. There are several directions in which this can be done; and what follows is divided up into separate enquiries.

Keywords:   extension, Standard Case, construction period, Fixwage hypothesis

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