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March 1979 - Volume 47 Issue 2


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Front Matter

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[Photograph]: Janos Kornai, President of the Econometric Society, 1978; First Vice-President of the Econometric Society, 1977; Second Vice-President of the Econometric Society, 1976

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p.263


Prospect Theory: An Analysis of Decision under Risk
Daniel Kahneman
Amos Tversky

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p.293


A Theory of Competitive Equilibrium in Stock Market Economies
Sanford J. Grossman
Oliver D. Hart

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p.331


Informational Equilibrium
John G. Riley

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p.361


Allocation of Resources in Large Teams
K. J. Arrow
R. Radner

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p.387


Some Evidence of the Efficiency of a Speculative Market
Mukhtar M. Ali

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p.393


Financing Public Goods with Commodity Taxes: The Tax Reform Viewpoint
Roger Guesnerie

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p.423


The Nash Social Welfare Function
Mamoru Kaneko
Kenjiro Nakamura

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p.437


Components of Variation in Panel Earnings Data: American Scientists 1960-70
Lee A. Lillard
Yoram Weiss

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p.455


Attrition Bias in Experimental and Panel Data: The Gary Income Maintenance Experiment
Jerry A. Hausman
David A. Wise

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p.475


Measurement Error in a Dynamic Simultaneous Equations Model with Stationary Disturbances
Cheng Hsiao

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p.495


Linear Models with Autocorrelated Errors: Structural Identifiability in the Absence of Minimality Assumptions
Manfred Deistler
Jurgen Schrader

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p.505


Notes and Comments: A Note on the Numerical Results by Goldberger, Nagar, and Odeh
Carlo Bianchi
Giorgio Calzolari
Paolo Corsi

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p.507


Notes and Comments: Information Criteria for Choice of Regression Models: A Comment
Edward E. Leamer

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p.511


Notes and Comments: A Note about the "Nowhere Denseness" of Societies Having an Equilibrium under Majority Rule
Ariel Rubinstein

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p.515


Notes and Comments: Class Dominance Characteristics at a Service Facility
K. R. Balachandran
Mark E. Schaefer

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p.521


Notes and Comments: The Demand for Housing: An Empirical Postscript
A. Mitchell Polinsky

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p.525


1980 World Congress of the Econometric Society

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p.525


Nomination of Fellows, 1979

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p.525


European Meeting of the Econometric Society--Athens, 1979: Announcement and Call for Papers

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p.526


1979 Meetings of the Econometric Society

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p.526


1979 North American Summer Meetings of the Econometric Society

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p.526


Winter 1979 Econometric Society Meetings: Call for Papers

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p.527


Accepted Manuscripts

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p.528


News Notes

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p.530


Election of Fellows, 1978

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p.537


Erratum: The Estimation of a Simultaneous Equation Generalized Probit Model
Takeshi Amemiya

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Back Matter

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