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Cowles Foundation for Research in Economics

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DISCUSSION PAPERS, 1972

No. Author(s) Title
CFDP 325 Peck, Jon K. "A Comparison of Alternative Estimators for a Dynamic Relationship Estimated from a Time Series of Cross-Sections When the Disturbances Are Small" [82pp]
CFDP 326 Brown, Donald J.
Robinson, Abraham
"The Cores of Large Standard Exchange Economies" [13pp] Reprinted in Journal of Economic Theory (November 1974), 9(3): 246-254 [CFP 418]
CFDP 327 Bodkin, Ronald G. "The Marginal Revolution After One Hundred Years" [40pp]
CFDP 328 Shoven, John B.
Whalley, John
"A General Equilibrium Calculation of the Effects of Differential Taxation of Income from Capital in the U.S." [57pp] Reprinted in Journal of Public Economics (1972), 1: 281-321 [CFP 379]
CFDP 329 Nordhaus, William D. "The Effect of Inflation on the Distribution of Economic Welfare" (with Comments) [71pp] Reprinted in Journal of Money, Credit, and Banking (1973), 5(1)(2): 465-408 [CFP 386]
CFDP 330 Shubik, Martin "A Theory of Money and Financial Institutions. Part IV. Fiat Money and Noncooperative Equilibrium in a Closed Economy" [46pp]
CFDP 331 Shubik, Martin "A Theory of Money and Financial Institutions. Part VII. Money, Trust and Equilibrium Points in Games in Extensive Form" [30pp]
CFDP 332 Starr, Ross M. "Notes on Transactions Costs and the Analysis of Microeconomic Theory" [14pp]
CFDP 333 Nordhaus, William D. "Political Business Cycle" [69pp]
CFDP 334 Shapley, Lloyd S.
Shubik, Martin
"A Theory of Money and Financial Institutions. Part VI. The Rate of Interest, Noncooperative Equilibrium and Bankruptcy" [34pp]
CFDP 335 Stiglitz, Joseph E. "Alternative Theories of Wage Determination and Unemployment in L.D.C.'s: I. The Labor Turn-Over Model" [59pp] Reprinted in Quarterly Journal of Economics (1974), 88: 194-227 [CFP 411]
CFDP 336 Shubik, Martin "A Theory of Money and Financial Institutions. Part VIII. Transactions Costs in a Market Economy" [30pp]
CFDP 337 Shubik, Martin "A Theory of Money and Financial Institutions. Part IX. Competitive and Controlled Price Economies: The Arrow-Debreu Model Revisited" [19pp] Reprinted as "Competitive and Controlled Price Economies: The Arrow-Debreu Model Revisited" in G. Schwodiauer, ed., Equilibrium and Disequilibrium in Economic Theory, Reidel, 1977, pp. 211-224 [CFP 461]
CFDP 338 Shubik, Martin "A Theory of Money and Financial Institutions. Part V. The Rate of Interest on Fiat Money in a Closed Economy" [50pp, abstract]
CFDP 339 Stiglitz, Joseph E. "On the Irrelevance of Corporate Financial Policy" [39pp]
CFDP 340 Dasgupta, P.
Stiglitz, Joseph E.
"Benefit-Cost Analysis and Trade Policies" [62pp] Reprinted in Journal of Political Economy (1974), 82(1): 1-33 [CFP 404]
CFDP 341 Lepper, Susan J. "Voting Behavior and Aggregate Policy Targets" [32pp] Reprinted in Public Choice (1974), 18: 67-81 [CFP 409]
CFDP 342 Brown, Donald J. "Existence of a Competitive Equilibrium in a Nonstandard Exchange Economy" [20pp]
CFDP 343 Kramer, Gerald H.
Klevorick, Alvin K.
"Existence of a "Local" Cooperative Equilibrium in a Class of Voting Games" [19pp] Reprinted in Review of Economic Studies (October 1974), 61(4): 539-547 [CFP 421]
CFDP 344 Rothschild, Michael
Stiglitz, Joseph E.
"Some Further Results on the Measurement of Inequality" [22pp] Reprinted in Journal of Economic Theory (April 1973), 6(2): 188-204 [CFP 390]
CFDP 345 Klevorick, Alvin K.
Kramer, Gerald H.
"Social Choice on Pollution Management: The Genossenschaften" [65pp] Reprinted in Journal of Public Economics (1973), 2: 101-146 [CFP 387]
CFDP 346 Stephens, J. Kirker "Input Quality, Obsolescence and Unemployment" [8pp] Reprinted in Kyklos (1973), 2: 282-287 [CFP 392]
CFDP 347 Shubik, Martin "Information, Duopoly and Competitive Markets: A Sensitivity Analysis" [32pp] Reprinted in Kyklos (1973), 26: 736-761 [CFP 400]
CFDP 348 Tobin, James "Technological Development and Employment" [40pp]

DISCUSSION PAPERS, 1973

No. Author(s) Title
CFDP 349 Ostroy, Joseph M.
Starr, Ross M.
"Money and the Decentralization of Exchange" [52pp, abstract] Reprinted in Econometrica (November 1974), 42(6): 1093-1113 [CFP 422]
CFDP 350 Bradley, G.
Shubik, Martin
"A Note on the Shape of the Pareto Optimal Surface" [13pp] Reprinted in Journal of Economic Theory (August 1974), 8(4): 530-538 [CFP 417]
CFDP 351 Shubik, Martin "Game Theory and Political Science" [21pp]
CFDP 352 Shubik, Martin "Voting, Preference Orderings and Cooperative Games" [40pp]
CFDP 353 Stiglitz, Joseph E. "Incentives and Risk-Sharing in Sharecropping" [64pp] Reprinted in Review of Economic Studies (April 1974), 41(2): 219-255 [CFP 413]
CFDP 354 Stiglitz, Joseph E. "The Theory of "Screening," Education, and the Distribution of Income" [48pp]
CFDP 355 Shubik, Martin
Whitt, Ward
"Fiat Money in an Economy with One Nondurable Good and No Credit (A Noncooperative Sequential Game)" [57pp] Reprinted in A. Blaquiere, ed., Topics in Differential Games, North-Holland, 1973, pp. 401-448 [CFP 389]
CFDP 356 Koopmans, Tjalling C. "Some Observations on "Optimal" Economic Growth and Exhaustible Resources" [29pp] Reprinted in H.C. Bos, ed., Economic Structure and Development, Essays in Honour of Jan Tinbergen, North-Holland, 1973, pp. 239-255 [CFP 396]
CFDP 357 Stiglitz, Joseph E. "Alternative Theories of Wage Determination and Unemployment in L.D.C.'s: II. The Efficiency Wage Model" [54pp] Reprinted in Quarterly Journal of Economics (1974), 88: 194-227 [CFP 411]
CFDP 358 Moiseev, N.N.
Schmidt, A.G.
"Some Problems of Centralized Economy" [28pp]
CFDP 359 Shubik, Martin "The General Equilibrium Model with Joint Ownership of the Corporation (Voting Stock and the Core)" [12pp]
CFDP 360 Brown, Donald J. "Acyclic Choice" [26pp]
CFDP 361 Leland, Hayne E. "Production Theory and the Stock Market" [31pp, abstract]
CFDP 362 Leland, Hayne E. "Regulation of Natural Monopolies and the Fair Rate of Return" [21pp]
CFDP 363 Shubik, Martin "A Theory of Money and Financial Institutions. Part XI. Trade with Fiat Money but No Individual Trust. A Preliminary Stage Towards Banking" [24pp]
CFDP 364 Shubik, Martin "A Theory of Money and Financial Institutions. Part XII. A Dynamic Economy with Fiat Money Without Banking and With and Without Production Goods" [19pp]
CFDP 365 Shubik, Martin "The General Equilibrium Model is the Wrong Model and a Noncooperative Strategic Process Model is a Satisfactory Model for the Reconciliation of Micro and Macroeconomic Theory" [31pp] Reprinted as "The General Equilibrium Model is Incomplete and Not Adequate for the Reconciliation of Micro and Macro-economic Theory" in Kyklos (1975), 28(3): 545-573 [CFP 432]
CFDP 366 Shubik, Martin "A Theory of Money and Financial Institutions. Part XIII. Trade With Spot Markets, Fiat Money and Internal Banking" [46pp]
1955 1956 1957 1958 1959
1960 1961 1962 1963 1964 1965 1966 1967 1968 1969
1970 1971 1972 1973 1974 1975 1976 1977 1978 1979
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
2000 2001 2002 2003 2004 2005 2006 2007 2008
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