Front Matter

First Order Autoregression: Inference, Estimation, and Prediction

Guy H. Orcutt, Herbert S. Winokur, Jr.
p. 1-14

The Regulation of Queue Size by Levying Tolls

P. Naor
p. 15-24

Quasi-Equilibria in Markets with Non-Convex Preferences

Ross M. Starr
p. 25-38

Least Squares, Conditional Predictions, and Estimator Properties

Wade P. Sewell
p. 39-43

Conditional Prediction and Unbiasedness in Structural Equations

Gordon M. Kaufman
p. 44-49

Group Preferences

Bengt Hansson
p. 50-54

The Use of Error Components Models in Combining Cross Section with Time Series Data

Ashiq Hussain, T. D. Wallace
p. 55-72

Decentralization in Separable Programming

Guy de Ghellinck, Paul V. Moeseke
p. 73-78

A Comparison of Barten's Estimated Demand Elasticities With Those Obtained Using Frisch's Method

Robert Ayanian
p. 79-94

Stochastic Nonlinear Models

L. R. Klein, R. S. Preston
p. 95-106

A Study of Independence in Multivariate Utility Theory

Peter C. Fishburn
p. 107-121

A Family of Functional Iterations and the Solution of Maximum Likelihood Estimating Equations

Leon L. Wegge
p. 122-130

An Harmonic Analysis of Nonstationary Multivariate Economic Processes

David R. Brillinger, Michio Hatanaka
p. 131-141

Notes and Comments: A Theorem on Nontatonnement Stability: A Comment

E. C. H. Veendorp
p. 142-143

Notes and Comments: Another Generalisation of the Logistic Growth Function

F. R. Oliver
p. 144-147

Announcement of the European Meeting of the Econometric Society

p. 168-169

News Note

p. 168-168

Report of Elections, 1968

p. 168-168

Second World Congress

p. 168-168

Errata: Testing for Serial Correlation in Least Squares Regression

E. J. Hannan, R. D. Terrell
p. 169-169

Errata: Quadratic Teams, Information Economics and Aggregate Planning Decisions

Charles H. Kriebel
p. 169-169

Volume Information

[Photograph]: Frank H. Hahn, President of the Econometric Society, 1968; Vice-President of the Econometric Society, 1967

Back Matter

Front Matter

Estimation of Interdependent Systems in Macroeconometrics

L. R. Klein
p. 171-192

A Threshold Regression Model

Marcel G. Dagenais
p. 193-203

Some Tests of Stability in Interindustry Coefficients

David Simpson, James McGilvray
p. 204-221

The Covariance Matrix of the Limited Information Estimator and the Identification Test

Ta-Chung Liu, William J. Breen
p. 222-227

An Econometric Model of Colombia: A Prototype Devaluation View

Kanta Marwah
p. 228-251

Some Relationships Derived from Canonical Correlation Theory

Harry R. Glahn
p. 252-256

Demand Functions: An Application to the Japanese Expenditure Pattern

Kunio Yoshihara
p. 257-274

Returns to Scale, Euler's Theorem, and the Form of Production Functions

F. W. McElroy
p. 275-279

Markov Processes and Economic Analysis: The Case of Migration

Allen C. Kelley, Leonard W. Weiss
p. 280-297

Computation of Zellner-Theil's Three Stage Least Squares Estimates

R. Narayanan
p. 298-306

Contribution a l'Etude du Role des Administrations dans la Theorie Mathematique de l'Equilibre et de l'Optimum

Claude Fourgeaud
p. 307-323

A Nonlinear, Maximum Likelihood Estimate of the Liquidity Trap

Howard W. Pifer
p. 324-332

Spectral Analysis of Data Generated by Simulation Experiments with Econometric Models

Kenneth Wertz, Thomas H. Naylor, Thomas H. Wonnacott
p. 333-352

Notes and Comments: Direct and Indirect Additivity

John R. Hicks
p. 353-354

Notes and Comments: Corrected Formulation of Direct and Indirect Additivity

Paul A. Samuelson
p. 355-359

Acknowledgement

Robert H. Strotz
p. 368-368

Erratum: Rational Distributed Lag Functions

Dale W. Jorgenson
p. 368-368

Back Matter

Front Matter

Econometrics as Pioneering in Nonexperimental Model Building

Herman O. Wold
p. 369-381

Distribution of Income and Wealth Among Individuals

J. E. Stiglitz
p. 382-397

Estimation of the Coefficients in a Multidimensional Distributed Lag Model

Grace Wahba
p. 398-407

The Determinants of Trade Credit in the U.S. Total Manufacturing Sector

M. I. Nadiri
p. 408-423

Investigating Causal Relations by Econometric Models and Cross-spectral Methods

C. W. J. Granger
p. 424-438

Welfare Implication and Evaluation of Buyers' Travel Inputs and Nonprice Offer Variations in Networks of Retail Food Stores

Pinhas Zusman
p. 439-456

Approximate Aggregation and the Leontief Conditions

Franklin M. Fisher
p. 457-469

Simultaneous Price and Quantity Adjustment in a Single Market

Harl E. Ryder, Martin J. Beckmann
p. 470-484

A Note on an Exact Test for Trend and Serial Correlation

E. J. Hannan
p. 485-489

The Simple Majority Decision Rule

Ken-ichi Inada
p. 490-506

The Symmetric Formulation of the Simplex Method for Quadratic Programming

Andrew Whinston, C. van de Panne
p. 507-527

Capital-Labor Substitution in Manufacturing in Underdeveloped Countries

Christopher K. Clague
p. 528-537

Notes and Comments: Comment on "Factor Analysis and Regression"

Benjamin King
p. 538-540

Notes and Comments: Dominant Diagonals--A Correction

Josef Hadar
p. 541-543

News Note

p. 552-552

Erratum: Pooling of Time Series and Cross Section Data

V. K. Chetty
p. 552-552

Back Matter

Front Matter

The Existence of Aggregate Production Functions

Franklin M. Fisher
p. 553-577

Competitive Equilibria in Markets with a Continuum of Traders and Incomplete Preferences

David Schmeidler
p. 578-585

Capital Risk, Consumption, and Portfolio Choice

Agnar Sandmo
p. 586-599

The Existence of an Optimal Economic Policy

T. Krishna Kumar
p. 600-610

Estimation of the Linear Expenditure System

Robert A. Pollak, Terence J. Wales
p. 611-628

Systems of Demand Equations: An Empirical Comparison of Alternative Functional Forms

Richard W. Parks
p. 629-650

The Consistency and Efficiency of Generalized Least Squares in Simultaneous Equation Systems with Autocorrelated Errors

M. R. Wickens
p. 651-659

Behavior Towards Risk with Many Commodities

Joseph E. Stiglitz
p. 660-667

Induced Factor Augmenting Technical Progress from a Microeconomic Viewpoint

M. I. Kamien, N. L. Schwartz
p. 668-684

An Econometric Model for Option Price with Implications for Investors' Expectations and Audacity

Sheen T. Kassouf
p. 685-694

Reexamination of the Time Series Evidence on Food Demand

G. S. Tolley, R. G. Fletcher, Y. Wang
p. 695-705

First Order Certainty Equivalence

E. Malinvaud
p. 706-718

Notes and Comments: Factor Analysis Regression Revisited

John T. Scott, Jr.
p. 719-719

Notes and Comments: Anticipated Profit in Cobb-Douglas Models

Irving Hoch
p. 720-720

Notes and Comments: A Note on Estimation of Cobb-Douglas and CES Production Function Models

Dorothy J. Hodges
p. 721-725

Notes and Comments: A Note on the Relation Between Binary and Multiple Choice Probabilities

S. K. Chakrabarti
p. 726-727

Notes and Comments: The Relation Between Binary and Multiple Choices: Some Comments and Further Results

Nicholas Georgescu-Roegen
p. 728-730

Notes and Comments: Econometrics of Joint Production: A Comment

V. K. Chetty
p. 731-731

Notes and Comments: Estimation of Joint Production Functions

B. M. Mitchell, P. J. Dhrymes
p. 732-736

Notes and Comments: A Note on Econometrics of Joint Production

Potluri Rao
p. 737-738

Notes and Comments: Econometrics of Joint Production--A Reply

H. D. Vinod
p. 739-740

Second World Congress

p. 746-746

News Note

p. 747-747

Erratum: Theory of Consumer Behavior When Prices Enter the Utility Function

Peter J. Kalman
p. 747-748

Back Matter