LORIE, James H. & Leonard J. Savage. [and] W.J. Baumol & R.E. Quandt. Three Problems in Rationing Capital. [and] Investment and Discount Rates Under Capital Rationing - A Programming Approach.
Chicago & London: University of Chicago & Royal Economic Society, 1955 & 1965. First editions.

In the first paper, Laurie and Savage introduce the topic of capital budgeting and present their approach for making project selections to maximize value along with three examples to illustrate the approach. The Baumol and Quandt paper (written 10 years later) applies the tools of mathematical programming to this same task.

First paper in: Journal of Business, Vol. 28, No. 4, pp. 229-239. The complete issue offered (pp. 229-302) in original printed wrappers: fine and clean. Second paper in: Economic Journal, Vol. 75, No. 298, pp. 317-329. The complete issue offered (pp. 285- 491) in original printed wrappers: library stamp to front wrapper and a staple whole.