Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica - Volume 61

Issue 1

Back Matter

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Front Matter

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Rationing, Queues, and Black Markets

Victor Polterovich
p. 1-28

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The Limiting Distribution of the Maximum Rank Correlation Estimator

Robert P. Sherman
p. 123-137

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Exactly Median-Unbiased Estimation of First Order Autoregressive/Unit Root Models

Donald W. K. Andrews
p. 139-165

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Common Persistence in Conditional Variances

Robert F. Engle, Tim Bollerslev
p. 167-186

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Notes and Comments: A Definition of Subjective Probabilities with State-Dependent Preferences

Edi Karni
p. 187-198

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Notes and Comments: A "Reputation" Refinement without Equilibrium

Joel Watson
p. 199-205

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Announcements

p. 207-215

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News Notes

p. 217-220

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The Econometric Society Annual Reports, 1992: Report of the Secretary

Julie P. Gordon
p. 221-227

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The Econometric Society Annual Reports, 1992: Report of the Treasurer

Robert J. Gordon
p. 229-235

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The Econometric Society Annual Reports, 1992: Report of the Editors

Andrew Mas-Colell, Martin Hellwig, Peter Robinson, Robert Porter
p. 237-239

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The Econometric Society Annual Reports, 1992: Econometrica Referees 1991-1992

p. 240-244

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The Econometric Society Annual Reports, 1992: The Econometric Society Research Monograph Series: Report of the Editors

Alain Monfort, Avinash Dixit
p. 245-246

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Erratum: The Great Cash, the Oil Price Shock and the Unit Root Hypothesis

p. 248-249

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Learning, Mutation, and Long Run Equilibria in Games

George J. Mailath, Michihiro Kandori, Rafael Rob
p. 29-56

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The Evolution of Conventions

H. Peyton Young
p. 57-84

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Optimal Consumption and Portfolio Rules with Durability and Local Substitution

Ayman Hindy, Chi-fu Huang
p. 85-121

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Issue 2

[Photograph]: Jean-Jacques Laffont, President of the Econometric Society, 1992

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Back Matter

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Front Matter

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Making a Miracle

Robert E. Lucas, Jr.
p. 251-272

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Extensive Form Reasoning in Normal Form Games

George J. Mailath, Jeroen M. Swinkels, Larry Samuelson
p. 273-302

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Renegotiation in Finitely Repeated Games

Jean-Pierre Benoit, Vijay Krishna
p. 303-323

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Reputation and Equilibrium Characterization in Repeated Games with Conflicting Interests

Klaus M. Schmidt
p. 325-351

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The Interaction Between Time-Nonseparable Preferences and Time Aggregation

John Heaton
p. 353-385

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An Efficient Semiparametric Estimator for Binary Response Models

Richard H. Spady, Roger W. Klein
p. 387-421

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Notes and Comments: Pure Strategy Dominance

Tilman Borgers
p. 423-430

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Announcements

p. 431-437

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News Notes

p. 439-442

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The Econometric Society Annual Reports, 1992: Report of the President

Jean-Jacques Laffont
p. 443-444

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Program of the 1992 European Meeting of the Econometric Society

p. 445-474

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Program of the 1992 Latin American Meeting of the Econometric Society

p. 475-494

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Issue 3

Back Matter

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Front Matter

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Internal Consistency of Choice

Amartya Sen
p. 495-521

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Self-Confirming Equilibrium

David K. Levine, Drew Fudenberg
p. 523-545

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Steady State Learning and Nash Equilibrium

David K. Levine, Drew Fudenberg
p. 547-573

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Consistent Solutions in Atomless Economies

Lin Zhou, William Thomson
p. 575-587

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Standard Risk Aversion

Miles S. Kimball
p. 589-611

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Sufficient Conditions for Inessentiality

Mark Stegeman
p. 613-627

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Collusion in Hierarchical Agency

Fred Kofman, Jacques Lawarree
p. 629-656

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Informative Price Advertising in a Sequential Search Model

Dale O. Stahl II, Jacques Robert
p. 657-686

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Notes and Comments: Highly Insignificant $F$-Ratios

P. M. Robinson
p. 687-696

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Announcements

p. 697-697

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1992 Election of Fellows to the Econometric Society

p. 699-703

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Fellows of the Econometric Society, January 1993

p. 705-722

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Program of the 1992 Winter Meeting of the Econometric Society

p. 723-741

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Program of the 1993 European Winter Meeting of the Econometric Society

p. 743-744

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Issue 4

Back Matter

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Front Matter

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Signalling and Renegotiation in Contractual Relationships

Michel Poitevin, Paul Beaudry
p. 745-782

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A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems

James H. Stock, Mark W. Watson
p. 783-820

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Tests for Parameter Instability and Structural Change With Unknown Change Point

Donald W. K. Andrews
p. 821-856

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Asymptotic Distributions of Impulse Responses, Step Responses, and Variance Decompositions of Estimated Linear Dynamic Models

Peter A. Zadrozny, Stefan Mittnik
p. 857-870

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Nonlinear Dynamic Structures

A. Ronald Gallant, George Tauchen, Peter E. Rossi
p. 871-907

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Temporal Aggregation of Garch Processes

Feike C. Drost, Theo E. Nijman
p. 909-927

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Simulated Moments Estimation of Markov Models of Asset Prices

Darrell Duffie, Kenneth J. Singleton
p. 929-952

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Notes and Comments: Existence and Uniqueness of Equilibria When Preferences are Additively Separable

Rose Anne Dana
p. 953-957

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Notes and Comments: Restricting Regression Slopes in the Errors-in-Variables Model by Bounding the Error Correlation

Timothy Erickson
p. 959-969

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Notes and Comments: Implied Probabilities in GMM Estimators

David P. Brown, Kerry Back
p. 971-975

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Announcements

p. 977-978

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Program of the 1992 India and South-East Asia Meeting of the Econometric Society

p. 981-988

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Issue 5

Back Matter

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Front Matter

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Rational Learning Leads to Nash Equilibrium

Ehud Kalai, Ehud Lehrer
p. 1019-1045

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Learning, Local Interaction, and Coordination

Glenn Ellison
p. 1047-1071

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Indeterminacy of Equilibria in a Hyperinflationary World: Experimental Evidence

Ramon Marimon, Shyam Sunder
p. 1073-1107

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The Organization of Decentralized Information Processing

Roy Radner
p. 1109-1146

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A Unique Informationally Efficient and Decentralized Mechanism with Fair Outcomes

Alan Kirman, Xavier Calsamiglia
p. 1147-1172

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Sequential Labor Decisions Under Uncertainty: An Estimable Household Model of West-African Farmers

Marcel Fafchamps
p. 1173-1197

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Efficiency of Weighted Average Derivative Estimators and Index Models

Thomas M. Stoker, Whitney K. Newey
p. 1199-1223

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Notes and Comments: Common Agency: Existence of an Equilibrium in the Case of Two Outcomes

Jean Fraysse
p. 1225-1229

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Notes and Comments: Subjective Equilibrium in Repeated Games

Ehud Kalai, Ehud Lehrer
p. 1231-1240

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Announcements

p. 1241-1244

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News Notes

p. 1245-1245

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Global Games and Equilibrium Selection

Eric van Damme, Hans Carlsson
p. 989-1018

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Issue 6

Back Matter

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Front Matter

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Volume Information

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Innovation, Imitation, and Intellectual Property Rights

Elhanan Helpman
p. 1247-1280

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Mechanism Design by Competing Sellers

R. Preston McAfee
p. 1281-1312

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Bargaining with Deadlines and Imperfect Player Control

Ching-to Albert Ma, Michael Manove
p. 1313-1339

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Dynamic Procedures and Incentives in Public Good Economies

Parkash Chander
p. 1341-1354

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t or 1 - t. That is the Trade-Off

Donald E. Campbell, Jerry S. Kelly
p. 1355-1365

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Vector Autoregressions and Causality

Hiro Y. Toda, Peter C. B. Phillips
p. 1367-1393

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Engel Functions, Panel Data, and Latent Variables

Erik Biorn, Jorgen Aasness, Terje Skjerpen
p. 1395-1422

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Notes and Comments: Commitment Value of Contracts Under Renegotiation Constraints

Bernard Bensaid, Robert J. Gary-Bobo
p. 1423-1429

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Announcements

p. 1431-1435

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News Notes

p. 1437-1438

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Program of the 1993 North American Summer Meeting of the Econometric Society

p. 1439-1449

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Program of the 1993 Far Eastern Meeting of the Econometric Society

p. 1451-1469

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Program of the 1993 Australasian Meetings of the Econometric Society

p. 1471-1476

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