Econometrica

The Systems of Consumer Demand Functions Approach: A Review

Anton P. Barten
p. 23-51

Social Choice Theory: A Re-Examination

Amartya Sen
p. 53-89

Kernels of Preference Structures

D. J. White
p. 91-100

On the Foundations of the Theory of Monopolistic Competition

Hugo Sonnenschein, John Roberts
p. 101-113

Estimation of the Allocation of Time for Work, Leisure, and Housework

A. D. Woodland, T. J. Wales
p. 115-132

Ray-Homothetic Production Functions

Rolf Fare, Ronald W. Shephard
p. 133-146

The Production Structure of the Korean Economy: International and Historical Comparisons

Byung-Nak Song
p. 147-162

A Note on New Goods and Quality Changes in the True Cost of Living Index in View of Lancaster's Model of Consumer Behavior

N. Anders Klevmarken
p. 163-172

Non-Price Rationing of Intermediate Goods in Centrally Planned Economies: A Comment

Donald W. Green, Peter Murrell
p. 175-181

Estimation of Time-Varying Markov Processes with Aggregate Data

Elizabeth Chase MacRae
p. 183-198

Error Components and Seemingly Unrelated Regressions

Robert B. Avery
p. 199-209

Specification of the Disturbance for Efficient Estimation--An Extended Analysis

A. R. Pagan, D. F. Nicholls
p. 211-218

Notes and Comments: Market Organization and the Durability of Durable Goods

Leonardo Auernheimer, Thomas R. Saving
p. 219-228

Notes and Comments: Product Durability under Monopoly and Competition: Comment

Peter L. Swan
p. 229-236

Accepted Manuscripts

p. 237-237

Winter 1977 Econometric Society Meetings

p. 237-237

News Notes

p. 238-239

Report of the Secretary

Julie P. Gordon
p. 240-243

Report of the Treasurer

Robert J. Gordon
p. 244-246

Report of the Editor

Franklin M. Fisher
p. 246-248

Program of the Econometric Society Summer North American Meeting, June 23-26, 1976

p. 249-251

Program of the Econometric Society Summer European Meeting, August 24-27, 1976, Helsinki, Finland

p. 252-256

Program of the Econometric Society Fall North American Meetings, September 16-18, 1976, Atlantic City, New Jersey

p. 257-271

Erratum: Economic Estimators and the Edgeworth Approximation

J. D. Sargan
p. 272-272

Back Matter

Front Matter

Stability Theorems with Economic Applications

Claude Henry, Jacques Dreze, Paul Champsaur
p. 273-294

A Renewal Model of Economic Growth: The Continuous Case

John S. Chipman
p. 295-316

Optimal Maximin Accumulation with Uncertain Future Technology

Guillermo A. Calvo
p. 317-328

Optimal Tax-Subsidy System for an Economy with Marshallian Externalities

Hiroaki Osana
p. 329-340

Coalition Structure in a Labor-Managed Market Economy

Tatsuro Ichiishi
p. 341-360

The Formation of Small Market Places in a Competitive Economic Process--The Dynamics of Agglomeration

Robert C. Baesemann
p. 361-374

Frank Knight's Theorem in Linear Programming Revisited

A. D. Woodland, W. E. Diewert
p. 375-398

Rationing, Quantity Constraints, and Consumption Theory

David H. Howard
p. 399-412

Risk Aversion and Consumer Preferences

Giora Hanoch
p. 413-426

Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods

Jean-Jacques Laffont, Jerry Green
p. 427-438

Strategy-Proofness and Social Choice Functions without Singlevaluedness

Jerry S. Kelly
p. 439-446

The Demand for Housing: A Study in Specification and Grouping

A. Mitchell Polinsky
p. 447-462

Approximations to Some Finite Sample Distributions Associated with a First-Order Stochastic Difference Equation

P. C. B. Phillips
p. 463-486

Finite Sample Properties of Instrumental Variable Estimators of Structural Coefficients

Roberto S. Mariano
p. 487-496

Small Sample Properties of a Class of Two Stage Aitken Estimators

William E. Taylor
p. 497-508

Asymptotic Expansions of the Distributions of Estimates in Simultaneous Equations for Alternative Parameter Sequences

T. W. Anderson
p. 509-518

Notes and Comments: External Diseconomies in Consumption and Monopoly Pricing: A Comment

Jacques Lesourne
p. 519-526

Ta-Chung Liu, 1914-1975

L. R. Klein, M. Nerlove, S. C. Tsiang
p. 527-529

Publications of Ta-Chung Liu

p. 529-530

Accepted Manuscripts

p. 531-532

Winter 1977 Econometric Society Meetings

p. 531-531

News Notes

p. 532-532

Erratum: An Econometric Evaluation of a Generalized Consumer Surplus Measure: The Mineral King Controversy

Anthony C. Fisher, Charles J. Cicchetti, V. Kerry Smith
p. 533-533

Back Matter

Front Matter

Temporary General Equilibrium Theory

Jean Michel Grandmont
p. 535-572

Non-Walrasian Equilibria

Hal R. Varian
p. 573-590

Some Generic Properties of Aggregate Excess Demand and an Application

Andreu Mas-Colell, Wilhelm Neuefeind
p. 591-600

Smoothness, Comparative Dynamics, and the Turnpike Property

A. Araujo, J. A. Scheinkman
p. 601-620

Risk Invariance and Ordinally Additive Utility Functions

Robert D. Willig
p. 621-640

Deductibles and the Demand for Medical Care Services: The Theory of a Consumer Facing a Variable Price Schedule under Uncertainty

C. E. Phelps, E. B. Keeler, J. P. Newhouse
p. 641-656

The Shapley Value as a von Neumann-Morgenstern Utility

Alvin E. Roth
p. 657-664

Manipulation of Schemes that Mix Voting with Chance

Allan Gibbard
p. 665-681

A Comparison of Automobile Demand Equations

Alan C. Hess
p. 683-702

Durability of Capital Goods: Taxes and Market Structure

Artur Raviv, Eitan Zemel
p. 703-718

Applications of Lorenz Curves in Economic Analysis

N. C. Kakwani
p. 719-728

Homogeneous Programming: Saddlepoint and Perturbation Function

Gerald LeBlanc
p. 729-736

A Note on Trend Removal Methods: The Case of Polynomial Regression versus Variate Differencing

J. Keith Ord, Jack C. Hayya, K. Hung Chan
p. 737-744

The Robustness of Some Standard Tests for Autocorrelation and Heteroskedasticity when Both Problems Are Present

Mary Lee Epps, Thomas W. Epps
p. 745-754

Notes and Comments: Pooling as a Specification Error: A Comment

Moheb A. Ghali
p. 755-758

Notes and Comments: The k-Class Estimators as Least Variance Difference Estimators

James B. McDonald
p. 759-764

Notes and Comments: Equilibrium in the Market for Land: Obtaining Spatial Distributions by Change of Variable--A Comment

Russell Lee
p. 765-768

Notes and Comments: A Note on Gross Substitutability of Financial Assets

Mary Kay Plantes, Olivier J. Blanchard
p. 769-772

Computer Algorithm: An Algorithm for Implementing Fisher's Tests

James Steuert
p. 773-773

Accepted Manuscripts

p. 774-774

News Notes

p. 774-775

Election of Fellows, 1976

p. 776-780

[Photograph]: Hirofumi Uzawa, President of the Econometric Society, 1976; First Vice-President of the Econometric Society, 1975; Second Vice-President of the Econometric Society, 1974

Back Matter

Front Matter

Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem

John Ledyard, Theodore Groves
p. 783-810

Necessary and Sufficient Conditions for a Pareto Optimum in Convex Programming

A. Ben-Israel, A. Ben-Tal, A. Charnes
p. 811-820

Economic Environments for which there are Pareto Satisfactory Mechanisms

Kenneth Mount, Stanley Reiter
p. 821-842

A Two-Person Exchange Model

King-Tak Lee
p. 843-852

Maximin Paths of Heterogeneous Capital Accumulation and the Instability of Paradoxical Steady States

E. Burmeister, P. J. Hammond
p. 853-870

Social Decision Functions and the Veto

Julian H. Blau, Rajat Deb
p. 871-880

On Preferences, Beliefs, and Manipulation within Voting Situations

Jean-Marie Blin, Mark A. Satterthwaite
p. 881-888

The Existence of Choice Functions

Anjan Mukherji
p. 889-894

A Matrix Measure of Multivariate Local Risk Aversion

George T. Duncan
p. 895-904

Linear Quadratic Control Theory for Models with Long Lags

Alfred Lorn Norman, Woo Sik Jung
p. 905-918

Social Experimentation, Truncated Distributions, and Efficient Estimation

David A. Wise, Jerry A. Hausman
p. 919-938

Some Properties of a Modification of the Limited Information Estimator

Wayne A. Fuller
p. 939-954

The Maximum Likelihood and the Nonlinear Three-Stage Least Squares Estimator in the General Nonlinear Simultaneous Equation Model

Takeshi Amemiya
p. 955-968

The Properties of Autoregressive Instrumental Variables Estimators in Dynamic Systems

David F. Hendry, Frank Srba
p. 969-990

Notes and Comments: Singular Dynamic Leontief Systems

Ami Arbel, David G. Luenberger
p. 991-996

Notes and Comments: Some Small Sample Evidence on the Distribution of Dynamic Simulation Forecasts

Peter Schmidt
p. 997-1006

Notes and Comments: Spectral Utility Functions and the Design of a Stationary System

Roger J. Bowden
p. 1007-1012

Notes and Comments: A Stochastic Optimal Control Technique for Models with Estimated Coefficients

Arthur Havenner, Roger Craine
p. 1013-1022

Notes and Comments: A Note on Wallis' Bounds Test and Negative Autocorrelation

D. E. A. Giles, M. L. King
p. 1023-1026

Notes and Comments: A Comment on the Test of Overidentifying Restrictions

Joseph B. Kadane, T. W. Anderson
p. 1027-1032

Notes and Comments: A Note on Consumer's Surplus, the Divisia Index, and the Measurement of Welfare Changes

Neil Bruce
p. 1033-1038

Accepted Manuscripts

p. 1039-1039

News Notes

p. 1039-1040

Erratum: An Econometric Evaluation of a Generalized Consumer Surplus Measure: The Mineral King Controversy

Anthony C. Fisher, Charles J. Cicchetti, V. Kerry Smith
p. 1041-1041

Back Matter

Front Matter

On the Theory of Layoffs and Unemployment

Martin Neil Baily
p. 1043-1063

Fertility, Schooling, and the Economic Contribution of Children of Rural India: An Econometric Analysis

Mark R. Rosenzweig, Robert Evenson
p. 1065-1079

A Logit Model of Homeownership

ingche M. Li
p. 1081-1097

Determinants of Scrapping Rates for Postwar Vintage Automobiles

Richard W. Parks
p. 1099-1115

Recursive Subaggregation and a Generalized Hypocycloidal Demand Model

William A. Barnett
p. 1117-1136

Power and Taxes

Mordecai Kurz, Robert J. Aumann
p. 1137-1161

A New Approach to the Nash Bargaining Problem

A. M. Buoncristiani, D. L. Brito, M. D. Intriligator
p. 1163-1172

Revealed Preference and Aggregation

Wayne J. Shafer
p. 1173-1182

A Note on Separability and Quasiconcavity

Menahem E. Yaari
p. 1183-1186

Disequilibrium Econometrics for Business Loans

Jean-Jacques Laffont, Rene Garcia
p. 1187-1204

The Asymptotic Properties of a Maximum Likelihood Estimator for a Model of Markets in Disequilibrium

Michael J. Hartley, Parthasaradhi Mallela
p. 1205-1220

Inferential Procedures in Nonlinear Models: An Application in a UK Industrial Cross Section Study of Factor Substitution and Returns to Scale

Grayham E. Mizon
p. 1221-1242

Estimation of Simultaneous Equation Models with Measurement Error

Vincent J. Geraci
p. 1243-1255

Bounds for the Bias of the Least Squares Estimator of @s^2 in the Case of a First-Order Autoregressive Process (Positive Autocorrelation)

H. Neudecker
p. 1257-1262

Conflict among Criteria for Testing Hypotheses in the Multivariate Linear Regression Model

Ernst R. Berndt, N. Eugene Savin
p. 1263-1277

Application of Pre-Test and Stein Estimators to Economic Data

Dennis J. Aigner, George G. Judge
p. 1279-1288

Notes and Comments: A Comment on Consumption Decisions under Uncertainty

Syed M. Ahsan
p. 1289-1290

Notes and Comments: Tests of Equality between Sets of Coefficients in Two Linear Regressions when Disturbance Variances are Unequal

W. A. Jayatissa
p. 1291-1292

Notes and Comments: Some Further Evidence on the Use of the Chow Test under Heteroskedasticity

Peter Schmidt, Robin Sickles
p. 1293-1298

Accepted Manuscripts

p. 1299-1299

Calendar of 1977 International Meetings

p. 1299-1301

Formation of the International Association for Statistical Computing, an Open Association of the International Statistical Institute

p. 1301-1301

Erratum: Estimating Regression Models with Multiplicative Heteroscedasticity

A. C. Harvey
p. 1302-1302

The Independent Inputs of Production

Henri Theil
p. 1303-1327

Pricing under Spatial Competition and Spatial Monopoly

Dennis R. Capozza, Robert Van Order
p. 1329-1338

A Quantity-Quantity Algorithm for Planning under Increasing Returns to Scale

Jacques Cremer
p. 1339-1348

A Convergent Adjustment Process for Firms in Competition

D. J. Gates, D. J. Wilson, J. A. Rickard
p. 1349-1363

The Continuity of Optimal Dynamic Decision Rules

J. S. Jordan
p. 1365-1376

Conditions for Unique Solutions in Stochastic Macroeconomic Models with Rational Expectations

John B. Taylor
p. 1377-1385

Regular, Nonconvex Economies

Andreu Mas-Colell
p. 1387-1407

The Recoverability of Consumers' Preferences from Market Demand Behavior

Andreu Mas-Colell
p. 1409-1430

Aggregation Procedure for Cardinal Preferences: A Formulation and Proof of Samuelson's Impossibility Conjecture

David Schmeidler, Ehud Kalai
p. 1431-1438

Measuring Returns to Scale in the Aggregate, and the Scale Effect of Public Goods

David A. Starrett
p. 1439-1455

Existence of Limit Cycles and Control in Complete Keynesian System by Theory of Bifurcations

V. Torre
p. 1457-1466

Existence of Stable Distributed Lags

Richard E. Just
p. 1467-1480

Multiple Time Series Analysis and the Final Form of Econometric Models

Kenneth F. Wallis
p. 1481-1497

Efficient Estimation and Inference in Large Econometric Systems

R. P. Byron
p. 1499-1515

A General Theorem in the Theory of Asymptotic Expansions as Approximations to the Finite Sample Distributions of Econometric Estimators

P. C. B. Phillips
p. 1517-1534

Computer Algorithm: Pooled Time-Series Cross-Section Estimation

Arthur Havenner, Ronald Herman
p. 1535-1536

Accepted Manuscripts

p. 1537-1537

Back Matter

Front Matter

On Weights and Measures: Informational Constraints in Social Welfare Analysis

Amartya Sen
p. 1539-1572

The Manipulation of Social Choice Mechanisms that Do Not Leave "Too Much" to Chance

Salvador Barbera
p. 1573-1588

The Ratio Equilibria and the Core of the Voting Game G(N, W) in a Public Goods Economy

Mamoru Kaneko
p. 1589-1594

The Nature of Equilibrium with Semiordered Preferences

Dean T. Jamison, Lawrence J. Lau
p. 1595-1605

Incentive Compatible Behavior in Core-Selecting Organizations

John O. Ledyard
p. 1607-1621

Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons

Ehud Kalai
p. 1623-1630

Two-Person Bargaining Problems and Comparable Utility

Roger B. Myerson
p. 1631-1637

Note sur les Fonctions de Consommation en Prix et Revenu Reels de Fourgeaud et Nataf

F. Carlevaro
p. 1639-1650

Price-Taking Behavior

Leif Johansen
p. 1651-1656

Trade and Prices in a Closed Economy with Exogeneous Uncertainty, Different Levels of Information, Money and Compound Futures Markets

Martin Shubik, Pradeep Dubey
p. 1657-1680

Quality Change and the Demand for Hospital Care

Martin Feldstein
p. 1681-1702

`Second Best' Congestion Taxes in Transportation Systems

Trent J. Bertrand
p. 1703-1715

Notes and Comments: The Estimation of Simultaneous Probability Models

Charles D. Mallar
p. 1717-1722

Notes and Comments: A Note on the Computation of the Tobit Estimator

Ray C. Fair
p. 1723-1727

Notes and Comments: A Note on Distributed Lags, Prediction, and Signal Extraction

David M. Grether
p. 1729-1734

Notes and Comments: On the Granger Condition for Non-Causality

Yuzo Hosoya
p. 1735-1736

Notes and Comments: The Stability of Models of Money and Perfect Foresight: A Comment

Guillermo A. Calvo
p. 1737-1739

Computer Algorithm: A Computer Program for Box-Cox Transformation and Estimation Technique

Hui S. Chang
p. 1741-1741

Accepted Manuscripts

p. 1743-1743

Announcement of Termination of the Section of Econometrica Devoted to Computer Algorithms

p. 1743-1743

Program of the 1977 North American Summer Meeting of the Econometric Society, June 22-25, 1977

p. 1743-1746

Back Matter

Front Matter

Macroeconometric Models of the Soviet Union and Eastern European Economies: A Tabular Survey

H. T. Shapiro
p. 1747-1766

A Generalization of the Open Expanding Economy Model

Otto Moeschlin
p. 1767-1776

Continuity of Equilibria for Production Economies: New Results

Gerard Fuchs
p. 1777-1796

The Structure of Technology Over Time: A Model for Testing the "Putty-Clay" Hypothesis

Melvyn A. Fuss
p. 1797-1821

Efficient Investment and Growth Consistency in the Input-Output Frame: An Analytical Contribution

Sajal Lahiri
p. 1823-1835

The United Kingdom Tax System 1968-1970: Some Fixed Point Indications of Its Economic Impact

John Whalley
p. 1837-1858

A Recommendation for a Better Tariff Structure

Tatsuo Hatta
p. 1859-1869

Nonlinearity of Delivered Price Schedules and Predatory Pricing

John Greenhut, M. L. Greenhut
p. 1871-1875

A Note on the Stability of Large Cartels

Andrew Postlewaite, John Roberts
p. 1877-1878

A Model of Borrowing and Lending with Bankruptcy

Martin F. Hellwig
p. 1879-1906

Towards a Theory of Elections with Probabilistic Preferences

Peter C. Fishburn, William V. Gehrlein
p. 1907-1924

Global Characterization of the Weak Le Chatelier-Samuelson Principles and Its Applications to Economic Behavior, Preferences, and Utility-- "Embedding" Theorems

Sho-Ichiro Kusumoto
p. 1925-1955

Integrability and Mathematical Programming Models: A Survey and a Parametric Approach

Malachy Carey
p. 1957-1976

The Estimation of Choice Probabilities from Choice Based Samples

Charles F. Manski, Steven R. Lerman
p. 1977-1988

The Durbin-Watson Test for Serial Correlation with Extreme Sample Sizes or Many Regressors

Kenneth J. White, N. E. Savin
p. 1989-1996

Notes and Comments: Some Evidence on the Largest Squared Correlation Coefficient from Several Samples

Robert W. Bacon
p. 1997-2001

1978 European Meeting of the Econometric Society in Geneva

p. 2003-2004

1977-1978 Meetings of the Econometric Society

p. 2003-2003

Fall 1978 Econometric Society Meetings in Chicago

p. 2003-2003

1978 Summer Meeting of the Econometric Society in Boulder

p. 2004-2004

Accepted Manuscripts

p. 2004-2005

Erratum: Bounds for the Bias of the Least Squares Estimator of @s^2 in the Case of a First-Order Autoregressive Process (Positive Autocorrelation)

H. Neudecker
p. 2006-2006

Volume Information

Back Matter