7
The stochastic models have often been criticised for
their lack of economic content. Perhaps it has been
overlooked that they only represent the first steps
in a new exceedingly difficult terrain. It may be
thought that the work of Champernowne, Yule, Simon,
Wold-Whittle contains the seed of future studies which
will reveal their full potentiality only when they
are extended to distributions in several dimensions.
Josef Steindl