ABSTRACT

Dynamic Pricing Problem" of 1934, which gives the first proper sequence analysis. Lindahl discusses in this short note (four pages) most of the problems involved in a sequence analysis, and it is only his remarks on the complete dynamic process which are insufficient. In fact, this essay may be regarded as a prototype for all sequence analysis even if, for example, Lindahl's "Algebraic discussion" in "The Dynamic Approach" obviously contains a much more extensive analysis ( cp. Lindahl 1939B, pp. 74-136). Furthermore, the latter work does not really add anything to the fundamental structure and the most striking difference is basically the inclusion of financial markets.