Front Matter

p.755

Patents as Options: Some Estimates of the Value of Holding European Patent Stocks
Ariel Pakes

p.785

Bargaining and Competition Part I: Characterization
Douglas Gale

p.807

Bargaining and Competition Part II: Existence
Douglas Gale

p.819

The General Basis of Arbitrator Behavior: An Empirical Analysis of Conventional and Final-Offer Arbitration
Henry S. Farber
Max H. Bazerman

p.845

Learning Procedures and Convergence to Rationality
C. Fourgeaud
C. Gourieroux
J. Pradel

p.869

Instrumental-Variable Estimation of an Error-Components Model
Takeshi Amemiya
Thomas E. MaCurdy

p.881

The Exact Distribution of the Wald Statistic
P. C. B. Phillips

p.897

Cake Eating, Chattering, and Jumps: Existence Results for Variational Problems
Paul Romer

p.909

Distribution of Power under Stochastic Social Choice Rules
Prasanta K. Pattanaik
Bezalel Peleg

p.923

Common Agency
B. Douglas Bernheim
Michael D. Whinston

p.943

A Theory of Exit in Duopoly
Drew Fudenberg
Jean Tirole

p.961

The Transmission of Data Noise into Policy Noise in U.S. Monetary Control
Agustin Maravall
David A. Pierce

p.981

Notes and Comments: On the Non-Transferable Utility Value: A Reply to Aumann
Alvin E. Roth

p.985

Notes and Comments: On the Non-Transferable Utility Value: Rejoinder
Robert J. Aumann

p.991

Notes and Comments: The Measurement and Decomposition of Multi-Dimensional Inequality
Esfandiar Maasoumi

p.999

1987 Australasian Meetings of the Econometric Society: Preliminary Announcement

p.999

1987 Far East Meetings of the Econometric Society: Preliminary Announcement

p.999

Accepted Manuscripts

News Notes

Submission of Manuscripts to Econometrica

Back Matter