DISCUSSION PAPERS, 1973 (Nos. 349–366)

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No. Author(s) Title
CFDP 349 Ostroy, Joseph M.
Starr, Ross M.
"Money and the Decentralization of Exchange" (January 1973) [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" (January 1973) [13pp] Reprinted in Journal of Economic Theory (August 1974), 8(4): 530-538 [CFP 417]
CFDP 351 Shubik, Martin "Game Theory and Political Science" (February 1973) [22pp, abstract]
CFDP 352 Shubik, Martin "Voting, Preference Orderings and Cooperative Games" (May 1973) [40pp]
CFDP 353 Stiglitz, Joseph E. "Incentives and Risk-Sharing in Sharecropping" (March 1973) [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" (March 1973) [48pp] Reprinted in American Economic Review (June 1975), 65(3): 283-300
CFDP 355 Shubik, Martin
Whitt, Ward
"Fiat Money in an Economy with One Nondurable Good and No Credit (A Noncooperative Sequential Game)" (March 1973) [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 (March 1973) [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" (March 1973) [54pp] Reprinted in M. Gersovitz et al. (eds.), The Theory and Experience of Economic Development: Essays in Honor of Sir Arthur W. Lewis, Allen & Unwin, 1982, pp. 78-106
CFDP 358 Moiseev, N.N.
Schmidt, A.G.
"Some Problems of Centralized Economy" (April 1973) [28pp]
CFDP 359 Shubik, Martin "The General Equilibrium Model with Joint Ownership of the Corporation (Voting Stock and the Core)" (May 1973) [12pp]
CFDP 360 Brown, Donald J. "Acyclic Choice" (May 1973) [26pp]
CFDP 361 Leland, Hayne E. "Production Theory and the Stock Market" (June 1973) [33pp, abstract]
CFDP 362 Leland, Hayne E. "Regulation of Natural Monopolies and the Fair Rate of Return" (July 1973) [22pp]
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" (October 1973) [24pp] Reprinted in Pioneering Economics, Cedam-Padova (1978), 937-989
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" (November 1973) [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" (November 1973) [32pp] 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" (December 1973) [47pp]
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