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Working Papers

1989

89-01 "Parameter Estimation in Least Squares Control Problems," by David Easley and Nicholas M. Kiefer.

89-02 "The Tragedy of the Commons? A Characterization of Stationary Perfect Equilibrium in Dynamic Games," by Prajit K. Dutta and Rangarajan K. Sundaram.

89-03 "Econometric Methods for Grouped Duration Data," by Nicholas M. Kiefer.
Published in Panel Data and Labor Market Studies, J. Hartog, G. Ridder, and J. Teeuwes, Eds., Amsterdam: Elsevier, 1989.

89-04 "Value Through Description: Deducing a Preference Relation Without Reference to Choice Behavior," by Hanan Polansky.

89-05 "The Valuation of Economic Information," by Nicholas M. Kiefer.
Published in Optimal Decisions in Markets & Planned Economies, R.E. Quandt and D. Triska, Eds., West Boulder, Westview Press, 1990.

89-06 "Translating Frames of Just Distribution Problems Into Utility Terms," by Hanan Polansky.

89-07 NOT AVAILABLE.

89-08 "On the Joint Test of a Unit Root and Time Trend," by Joon Y. Park.

89-09 "The Economics of Orchards: An Exercise in Point-Input, Flow-Output Capital Theory," by Tapan Mitra, Debraj Ray, and Rahul Roy.
Published in Journal of Economic Theory, 53, No. 1, February 1991.

89-10 "Sustainable Current Account Deficits," by Eric O'N. Fisher.
Published in Journal of Monetary Economics under the title of "Sustainable Balance of Trade Deficits," Vol. 25, No. 3, June 1990.

89-11 "Measuring Subjective Probabilities with Framing as Data," by Hanan Polansky.

89-12 "Inventory Policies Under Serially Correlated Demand," by C. Erik Larson.

89-13 "Deducing Cardinal Preferences: A Suggestion," by Hanan Polansky.

89-14 "A Dynamic Model of Optimal Learning with Obsolescence of Information," by Nicholas M. Kiefer.

89-15 "The Market Game: Existence and Structure of Equilibrium," by James Peck, Karl Shell and Stephen E. Spear.
Published in the Journal of Mathematical Economics., Vol. 21, 3, May 1992, 271-299.

89-16 "Budget Deficits and Credit Market Reform," by Pertti Haaparanta and Mikko Puhakka.

89-17 "A Formal Justification of `An Alternative to Revealed Preference'," by Hanan Polansky.

89-18 "Context-Dependent Preferences," by Hanan Polansky.

89-19 "The Algebraic Geometry of Perfect and Sequential Equilibrium," by Lawrence E. Blume and William R. Zame.

89-20 "Government Rules, Public Goods, and Extrinsic Uncertainty," by Aditya Goenka.
Published under the title of "Fiscal Rules and Extrinsic Uncertainty," in Economic Theory, Vol. 4, No. 3, 1994, 401-416.

89-21 "Wealth Dynamics and the Market Selection Hypothesis," by Lawrence Blume and David Easley.

89-22 "Economics of Learning from the Past I: Bilateral Trade in a Sequential Setting," by Sanjeev Goyal.

89-23 "A Bayesian Analysis of the Unit Root Hypothesis," by Peter Schotman and Herman K. van Dijk.

89-24 "Analysis of Related Durations: A Semi-Parametric Approach with an Application to a Study of Child Mortality in Malaysia," by Geert Ridder and Insan Tunali.

89-25 "Indivisibilities, Lotteries, and Sunspot Equilibria" by Karl Shell and Randall Wright.
Published in Economic Theory, Vol. 3, 1, January 1993, 1-17.

89-26 "An Empirical Investigation of Employment, Wages and Output: A Comparative Study of the US and Japan," by Joon Y. Park and Jaewhan Sung.

89-27 "A Cointegration Approach to Estimating Preference Parameter," by Masao Ogaki and Joon Park.