Front Matter

On the Welfare Analysis of Rational Expectations Equilibria with Asymmetric Information

Jean-Jacques Laffont
p. 1-30

A Differential Demand System, Rational Expectations and the Life Cycle Hypothesis

C. L. F. Attfield, Martin J. Browning
p. 31-48

Egalitarianism and Utilitarianism in Quasi-Linear Bargaining

Herve Moulin
p. 49-68

Repeated Moral Hazard

William P. Rogerson
p. 69-76

A Sequential Solution to the Public Goods Problem

Jacques Cremer, Michael H. Riordan
p. 77-84

Rationalizing Revolutionary Ideology

John E. Roemer
p. 85-108

Distribution of Income and the "Law of Demand"

Pierre-Andre Chiappori
p. 109-128

Money, Real Interest Rates, and Output: A Reinterpretation of Postwar U.S. Data

Laurence Weiss, Robert B. Litterman
p. 129-156

A Linear Theory for Noncausality

J.-P. Florens, M. Mouchart
p. 157-176

Third-Order Efficiency of the Extended Maximum Likelihood Estimators in a Simultaneous Equation System

Kei Takeuchi, Kimio Morimune
p. 177-200

Notes and Comments: On the Optimality of First Come Last Served Queues

Refael Hassin
p. 201-202

Notes and Comments: Future Investment Constraints Reduce Present Investment

Antoine D’Autume, Philippe Michel
p. 203-206

Notes and Comments: A Note on Risk Aversion in a Perfect Equilibrium Model of Bargaining

Alvin E. Roth
p. 207-212

Notes and Comments: A Note on Price Stability and Consumer's Welfare

Michael R. Baye
p. 213-216

Notes and Comments: Price Dispersion and Functional Price Indices

Michael R. Baye
p. 217-224

North American Winter Meeting of the Econometric Society

p. 225-227

Nomination of Fellows, 1985

p. 225-225

1985 World Congress of the Econometric Society: Announcement and Call for Papers

p. 227-232

Accepted Manuscripts

p. 232-233

News Notes

p. 234-236

Report of the Secretary

Julie P. Gordon
p. 237-240

Report of the Treasurer

Robert J. Gordon
p. 241-247

Report of the Editors

Hugo Sonnenschein
p. 248-250

Erratum: The X^2 Goodness of Fit Statistic for Models with Paramaters Estimated from Microdata

James J. Heckman
p. 251-251

Submission of Manuscripts to Econometrica

[Photograph]: Hugo Sonnenschein, Co-Editor of Econometrica, 1975-1976; Editor of Econometrica, 1977-1984

Back Matter