DISCUSSION PAPERS, 1978 (Nos. 478–512)

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No. Author(s) Title
CFDP 478 Shubik, Martin
Young, H.P.
"The Nucleolus as a Noncooperative Game Solution" (January 1978) [15pp] Reprinted in P.C. Ordeshook (ed.), Game Theory and Political Science, New York University Press, 1978, pp. 511-527
CFDP 479 Klevorick, Alvin K.
Rothschild, Michael
"A Model of the Jury Decision Process" (January 1978) [38pp] Reprinted in The Journal of Legal Studies (January 1979), 8: 141-164 [CFP 480]
CFDP 480 Fair, Ray C. "Estimating the Expected Predictive Accuracy of Econometric Models" (January 1978) [41pp] Reprinted in International Economic Review (June 1980), 21(2): 356-378 [CFP 507]
CFDP 481 Brown, Donald J.
Lewis, Lucinda M.
"Myopic Economic Agents" (January 1978) [26pp, abstract] Reprinted in Econometrica (March 1981), 49(2): 359-368 [CFP 525]
CFDP 482 Shubik, Martin
Weber, Robert J.
"Competitive Valuation of Cooperative Games" (February 1978) [20pp]
CFDP 483 Dubey, Pradeep
Shubik, Martin
"A Theory of Money and Financial Institutions. Part 37. The Profit Maximizing Firm: Managers and Stockholders" (February 1978) [23pp] Reprinted in Economies et Societes (Cahiers de l'Institut de Sciences Mathematiques et Economiques Appliquees, Serie EM No. 6, Laboratoire Associe au C.N.R.S.), Vol. 14, 1981, 1369-1388
CFDP 484 Dubey, Pradeep
Shubik, Martin
"On 'On the Foundations of the Theory of Monopolistic Competition'" (February 1978) [15pp]
CFDP 485 Blau, Julian H.
Brown, Donald J.
"The Structure of Neutral Monotonic Social Functions" (March 1978) [24pp, abstract] Reprinted in Social Choice and Welfare (1989), 6(1): 51-61
CFDP 486 Koopmans, Tjalling C. "The Transition from Exhaustible to Renewable or Inexhaustible Resources" (February 1978) [16pp] Reprinted in Economic Growth and Resources, St. Martins Press, 1981, pp. 3-11 [CFP 533]
CFDP 487 Phillips, Peter C.B. "A Note on the Saddlepoint Approximation in the First Order Non-Circular Autoregression" (March 1978) [14pp, abstract]
CFDP 488 Kouri, Pentti J.K.
de Macedo, Jorge B.
"Exchange Rates and the International Adjustment Process" (March 1978) [57pp; NO p. 26] Reprinted in Brookings Papers on Economic Activity (1978), 1: 111-157 [CFP 464]
CFDP 489 Shubik, Martin
Weber, Robert J.
"Systems Defense Games: Colonel Blotto, Command and Control" (March 1978) [23pp] Reprinted in Naval Research Logistics Quarterly (1981), 28(2): 281-287 [CFP 521]
CFDP 490 Kouri, Pentti J.K. "Profitability and Growth in a Small Open Economy" (April 1978) [21pp] Reprinted in Assar Lindbeck, ed., Inflation and Employment in Open Economies, North-Holland, 1979, pp. 129-142 [CFP 491]
CFDP 491 Weiss, Laurence "The Role for Active Monetary Policy in a Rational Expectations Model" (June 1978) [22pp] Reprinted in Journal of Political Economy (1980), 88(21): 221-233 [CFP 498]
CFDP 492 Fair, Ray C.

"An Analysis of the Accuracy of Four Macroeconometric Models" (August 1978) [23pp]  Reprinted in Journal of Political Economy (1979), 87(4): 702-718 [CFP 489]

CFDP 493 Backus, David
Purvis, Douglas
"An Integrated Model of Household Flow-of-Funds Allocations" (August 1978) [36pp, abstract] Reprinted in Journal of Money, Credit, and Banking (May 1980), 12(2): 399-421 [CFP 503]
CFDP 494 Engelbrecht-Wiggans, R. "An Example of a Multi-Object Auction Game" (September 1978) [11pp, abstract] Reprinted in Management Science (December 1979), 25(12): 1272-1277 AND "Erratum." Management Science (April 1981), 27(4): 970 [CFP 530]
CFDP 495 Engelbrecht-Wiggans, R. "A Model for the Distribution of the Number of Bidders in an Auction" (September 1978) [13pp, abstract]
CFDP 496 Engelbrecht-Wiggans, R. "Auctions and Bidding Models: A Survey" (September 1978) [48pp, abstract]
CFDP 496R Engelbrecht-Wiggans, R. "Auctions and Bidding Models: A Survey" (Revised May 1979) [48pp, abstract] Reprinted in Management Science (February 1980), 26(2): 119-142 [CFP 514]
CFDP 497 Buiter, Willem
Tobin, James
"Debt Neutrality: A Brief Review of Doctrine and Evidence" (September 1978) [40pp] Reprinted in George M. Von Furstenberg, eds., Social Security Versus Private Saving, Ballinger Publishing, 1979, pp. 39-63 [CFP 505]
CFDP 498 Weber, Robert J. "Comparison of Public Choice Systems" (September 1978) [81pp, abstract]
CFDP 499 Weiss, Laurence "A Model of International Trade and Finance" (September 1978) [22pp] Reprinted in Quarterly Journal of Economics (September 1980), 95(4): 277-292 [CFP 520]
CFDP 500 Engelbrecht-Wiggans, R. "Multiplicative Bidding and Convergence to Equilibrium" (October 1978) [16pp, abstract]
CFDP 500R Engelbrecht-Wiggans, R. "Bidding in Auctions with Multiplicative Lognormal Errors: An Example" (Revised April 1979) [20pp, abstract]
CFDP 501 Dubey, Pradeep "Nash Equilibria of Market Games: II. Finiteness" (October 1978) [10pp] Reprinted as "Nash Equilibria of Market Games: Finiteness and Inefficiency" in Journal of Economic Theory (April 1980), 22(2): 364-376 [CFP 506]
CFDP 502 Tobin, James "Government Deficits and Capital Accumulation" (October 1978) [30pp] Reprinted in Contemporary Economic Activity, Vol. 2, 1980, pp. 23-46 [CFP 534]
CFDP 503 Shavell, Steven
Weiss, Laurence
"The Optimal Payment of Unemployment Insurance Benefits over Time" (October 1978) [31pp] Reprinted in Journal of Political Economy (December 1979), 87(6): 1347-1362
CFDP 504 Brown, Donald J.
Heal, Geoffrey M.
"Equity, Efficiency and Increasing Returns" (October 1978) [35pp] Reprinted in Review of Economic Studies (1979), 46(4)(145): 571-585 [CFP 519]
CFDP 505 Koopmans, Tjalling C. "Economics among the Sciences" (October 1978) [34pp] Reprinted in American Economic Review (March 1979), 69(1): 1-13 [CFP 481]
CFDP 506 Tobin, James "A Proposal for International Monetary Reform" (October 1978) [16pp] Reprinted in The Eastern Economic Journal (July/October 1978), 4(3-4): 153-159 [CFP 495]
CFDP 507 Shubik, Martin "The Capital Stock Modified Competitive Equilibrium" (October 1978) [64pp] Reprinted in J.H. Karaken and N. Wallace (eds.), Models of Monetary Economies, Federal Reserve Bank of Minneapolis, 1980
CFDP 508R Dubey, Pradeep "Finiteness and Inefficiency of Nash Equilibria" (November 1978) [22pp]
CFDP 509 Sutton, John "A Model of Stochastic Equilibrium in a Quasi-Competitive Industry" (November 1978) [46pp] Reprinted in Review of Economic Studies (1980), 47(4): 705-722
CFDP 510 Kouri, Pentti J.K. "Balance of Payments and the Foreign Exchange Market: A Dynamic Partial Equilibrium Model" (November 1978) [72pp]
CFDP 511 Fair, Ray C. "An Estimate of the Uncertainty of Policy Effects in a Macro-economic Model" (November 1978) [19pp]
CFDP 512 Buiter, Willem
Tobin, James
"Fiscal and Monetary Policies, Capital Formation, and Economic Activity" (December 1978) [122pp] Reprinted in The Government and Capital Formation, Ballinger Publishing, 1980, pp. 73-151 [CFP 523]
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