Titlebook: Contributions to the Von Neumann Growth Model; Proceedings of a Con Gerhart Bruckmann (Professor, Director),Wilhelm We Conference proceedin

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Von Neumann Rays and Golden Rules: An Integrated View of Intertemporal Production Modelsls which do not possess golden rule programs, always possess von Neumann rays and vice versa. The determining factor is how important exogenous resources are in production. The two different models have quite different implications for economic efficiency, and some of these are discussed.

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Calculating Von Neumann Trajectories by Simulated Market Adjustments. The procedure arises out of the similarity between the equilibrium conditions for the von Neumann model and for certain related systems of difference equations. Computational experience indicates that the approach is well-suited to handling real world activity analysis problems of high dimension,

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Von Neumann Model Solutions Are Generalized Eigensystemsoblem, perhaps in several different ways. Previously discovered interconnections are shown to be special instances of the general result. Analogues of the Shapley-Snow-Kaplansky formulas for basic optimal solutions to the von Neumann model are derived. The results have mathematical and economic impl

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The Period of Production in a Von Neumann World relative prices are determined so as to maximize the social rate of return with respect to project levels and minimize with respect to prices. The resulting von Neumann model is analyzed from the point of view of the Austrian theory of capital.

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Economic Efficiency in an Infinite Horizon Modelpath, though no precise relationship can be established between these two features because of some odd boundary cases. This paper gives a direct economic interpretation of the terminal value of capital in terms of a diagram. In this way it is hoped that some insight into these problems is provided.

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