The Econometric SocietyEdited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Apr, 1957, Volume 25, Issue 2
https://doi.org/0012-9682(195704)25:2<222:TTOID>2.0.CO;2-T
p. 222-238
Edwin S. Mills
This article is an attempt to determine whether firms can be assumed to behave as if they were using a rational inventory policy. A decision rule is deduced from a plausible model of a firm's cost structure and an attempt is made to see whether historical time series of firms' production, sales, and inventory data can be explained by such a decision rule.
November 16, 2023
I am delighted to welcome a new member to the Quantitative Economics editorial board. Effective July 1, 2024, Chao Fu (University of Wisconsin-Madison) will become a Co-Editor. Chao is a distinguished scholar with broad expertise in applied economics. Her knowledge and insight will be of great value to the journal.
