Front Matter

p.1089

A Theory of Auctions and Competitive Bidding
Paul R. Milgrom
Robert J. Weber

p.1123

The Role of Information in Bargaining: An Experimental Study
Alvin E. Roth
J. Keith Murnighan

p.1143

Information in Production
Glenn M. MacDonald

p.1163

On the Possibility of Speculation under Rational Expectations
Jean Tirole

p.1183

Micro-Based Estimates of Demand Functions for Local School Expenditures
Theodore C. Bergstrom
Daniel L. Rubinfeld
Perry Shapiro

p.1207

Fiscal Incidence at the Local Level
Jorge Martinez-Vazquez

p.1219

Relative Prices, Employment, and the Exchange Rate in an Economy with Foresight
Maurice Obstfeld

p.1243

Decreasing Costs in International Trade and Frank Graham's Argument for Protection
Wilfred J. Ethier

p.1269

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models
Lars Peter Hansen
Kenneth J. Singleton

p.1287

Comparison of Local Power of Alternative Tests of Non-Nested Regression Models
M. H. Pesaran

p.1307

On the Consistency of Nonlinear FIML
P. C. B. Phillips

p.1325

Notes and Comments: Correction to a Lemma
Takeshi Amemiya

p.1329

Notes and Comments: Multiple Shooting in Rational Expectations Models
David Lipton
James Poterba
Jeffrey Sachs
Lawrence Summers

p.1335

Notes and Comments: Stability of Aggregation Procedures, Ultrafilters, and Simple Games--A Comment
Eitan Muller

p.1337

Notes and Comments: On the Distance between Income Distributions
Anthony F. Shorrocks

p.1341

Call for Papers: 1983 Summer Meeting of the Econometric Society

p.1341

Accepted Manuscripts

Submission of Manuscripts to Econometrica

Back Matter