Prof. Rohert H. Strotz,
Managing Editor,
Econometrica,
Department of Economics,
Northwestern University,
Evanston. Illinois.
Dear Colleague,
Under separate cover I am sending you hack
Ö.H. Plsher 's manuscript on investment functions.
X quite agree with you that it is well written and
that the methods followed are adequate. To me it
seems that such an article, although including perhaps
some rather elanentary approaches, is nevertheless
interesting and may he useful for many readers. T M s
is why I would recommend acceptance for Econoraetrica,
Yours very sincerely.