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Failure Of The Alternation Theorem In Rational Approximation Over C_0 (-Infinity,Infinity), Peter C.B. Phillips Jul 1982

Failure Of The Alternation Theorem In Rational Approximation Over C_0 (-Infinity,Infinity), Peter C.B. Phillips

Cowles Foundation Discussion Papers

No abstract provided.


On Implicit Contracts And Involuntary Unemployment, John Geanakoplos, Takatoshi Ito Jul 1982

On Implicit Contracts And Involuntary Unemployment, John Geanakoplos, Takatoshi Ito

Cowles Foundation Discussion Papers

We show that a firm can increase expected profits by undertaking the additional expense of paying unemployment compensation to the workers it lays off, if they are risk averse. When this argument is applied to the implicit contract models it makes the involuntary unemployment derived there disappear, where by involuntary unemployment we mean a situation in which one worker has a job at a wage w and another worker who is known to be productively identical and willing to take on the job at a lower wage h cannot find a job. We introduce into our model asymmetric information between …


Don't Bet On It, John Geanakoplos, James K. Sebenius Jul 1982

Don't Bet On It, John Geanakoplos, James K. Sebenius

Cowles Foundation Discussion Papers

If two people have different probability assessments about the realization of an uncertain event, they can design a contingent agreement such as a bet or gamble that offers each of them positive expected value. Yet, in the process of formulating this kind of agreement, information about the basis for each person’s probabilities may be indirectly revealed to the other. The very willingness to accept a proposed bet conveys information. This paper models a process by which private, asymmetrically-held information is progressively unveiled as a possible contingent agreement is discussed. If the two parties share priors and their information partitions are …


Ecco Il Piano Bocciato Da Andreatta, Marco Borsa Jun 1982

Ecco Il Piano Bocciato Da Andreatta, Marco Borsa

Documents

No abstract provided.


Ritirati Solo 16 Miliardi In 5 Giorni All'ambrosiano, La Stampa Jun 1982

Ritirati Solo 16 Miliardi In 5 Giorni All'ambrosiano, La Stampa

Documents

No abstract provided.


Structure, Transcription And Evolution Of The Alu Family Of Interspersed Repetitive Dna Sequences, James Tilford Elder Jun 1982

Structure, Transcription And Evolution Of The Alu Family Of Interspersed Repetitive Dna Sequences, James Tilford Elder

Yale Medicine Thesis Digital Library

The cloning of DNA fragments derived from the (beta)-like globin gene cluster of normal and (beta)('+)-thalassemic individuals is described. These and other cloned human DNA fragments are employed to define the strucure and transcription of a family of interspersed, repetitive RNA polymerase III transcription units in human DNA. These data allow unequivocal identification of these transcription units with the Alu family of interspersed, repetitive DNA sequences. Comparison of these sequences to those of other primate and rodent interspersed repeats reveals that the primate sequence resembles in many respects a dimer of the rodent sequence. This striking interordinal divergence stands in …


Adesso I Depositi Dell'ambrosiano Sono Tutelati Dalla Banca D'Italia, Stefano Lepri Jun 1982

Adesso I Depositi Dell'ambrosiano Sono Tutelati Dalla Banca D'Italia, Stefano Lepri

Documents

No abstract provided.


The Heterogeneity Of Family And Hired Labor In Agricultural Production: A Test Using District- Level Data Fromindia, Anil Deolalikar, Wim Vijverberg Jun 1982

The Heterogeneity Of Family And Hired Labor In Agricultural Production: A Test Using District- Level Data Fromindia, Anil Deolalikar, Wim Vijverberg

Discussion Papers

No abstract provided.


Uncertain Lifetime And The Welfare Enhancing Properties Of Annuity Markets And Social Security, Zvi Eckstein, Martin Eichenbaum, Dan Peled Jun 1982

Uncertain Lifetime And The Welfare Enhancing Properties Of Annuity Markets And Social Security, Zvi Eckstein, Martin Eichenbaum, Dan Peled

Discussion Papers

No abstract provided.


Farm Household Production: Demand For Wife’S Labor, Capital Services And The Capital-Labor Ratio, Wallace Huffman, Mark D. Lange Jun 1982

Farm Household Production: Demand For Wife’S Labor, Capital Services And The Capital-Labor Ratio, Wallace Huffman, Mark D. Lange

Discussion Papers

No abstract provided.


Short Run Fluctuations In Fertility And Mortality In Preindustrial Sweden, Zvi Eckstein, T. Paul Schultz, Kenneth Wolpin Jun 1982

Short Run Fluctuations In Fertility And Mortality In Preindustrial Sweden, Zvi Eckstein, T. Paul Schultz, Kenneth Wolpin

Discussion Papers

No abstract provided.


Treasury And Federal Reserve Foreign Exchange Operations: Interim Report, Federal Reserve Board Of Governors (Frb) Jun 1982

Treasury And Federal Reserve Foreign Exchange Operations: Interim Report, Federal Reserve Board Of Governors (Frb)

Documents

No abstract provided.


Integral Polyhedra In Three Space, Herbert E. Scarf Jun 1982

Integral Polyhedra In Three Space, Herbert E. Scarf

Cowles Foundation Discussion Papers

No abstract provided.


A Bookmaker Or Market Type Test For Specification In Discrete Choice Models, John J. Beggs Jun 1982

A Bookmaker Or Market Type Test For Specification In Discrete Choice Models, John J. Beggs

Cowles Foundation Discussion Papers

This paper suggests that the predicted probabilities of outcomes given by an estimated discrete choice model by thought of as prices (or bookmaker odds) associated with those outcomes. By buying or selling contracts (gambling) at those prices (odds) it should not be possible to, on average, make a profit if the model is well specified and is generating “correct” prices. This notion then forms the basis of a model specification test.


Yale Scientific Magazine: Volume 56, Number 4 Jun 1982

Yale Scientific Magazine: Volume 56, Number 4

Yale Scientific Magazine

No abstract provided.


Latin America In The 1930s, Carlos F. Diaz-Alejandro May 1982

Latin America In The 1930s, Carlos F. Diaz-Alejandro

Discussion Papers

No abstract provided.


Taxation And Dividends In India: A Review (1974-1977), J. V. M. Sarma May 1982

Taxation And Dividends In India: A Review (1974-1977), J. V. M. Sarma

Discussion Papers

No abstract provided.


Life Under Pressure: Questions For A Comparative History Of Economy And Demography In France And England, 1670-1870, David R. Weir May 1982

Life Under Pressure: Questions For A Comparative History Of Economy And Demography In France And England, 1670-1870, David R. Weir

Discussion Papers

No abstract provided.


Taxation And Corporate Dividend Behaviour In India, J. V. M. Sarma May 1982

Taxation And Corporate Dividend Behaviour In India, J. V. M. Sarma

Discussion Papers

No abstract provided.


Real Exchange Rates In The 1970s, Louka T. Katseli May 1982

Real Exchange Rates In The 1970s, Louka T. Katseli

Discussion Papers

No abstract provided.


Somatic Cell Genetic And Molecular Analysis Of Dna-Mediated Gene Transfer, Kenneth Michael Huttner May 1982

Somatic Cell Genetic And Molecular Analysis Of Dna-Mediated Gene Transfer, Kenneth Michael Huttner

Yale Medicine Thesis Digital Library

No abstract provided.


Inefficiency Of Nash Equilibria In A Private Goods Economy, Pradeep Dubey, J. D. Rogawski May 1982

Inefficiency Of Nash Equilibria In A Private Goods Economy, Pradeep Dubey, J. D. Rogawski

Cowles Foundation Discussion Papers

No abstract provided.


Yale Nurse, Yale School Of Nursing Apr 1982

Yale Nurse, Yale School Of Nursing

Yale School of Nursing Alumni Newsletters and Magazines

No abstract provided.


Yale Political Magazine 1982 Spring, The Politic, Inc. Apr 1982

Yale Political Magazine 1982 Spring, The Politic, Inc.

The Politic

No abstract provided.


On Immiserizing Transfers And Immiserizing Growth, T. N. Srinivasan Apr 1982

On Immiserizing Transfers And Immiserizing Growth, T. N. Srinivasan

Discussion Papers

No abstract provided.


Wage-Price Behavior Under External Price Shocks And Productivity Slowdown: A U.S.-Japan Comparison, Ching-Yuan Lin Apr 1982

Wage-Price Behavior Under External Price Shocks And Productivity Slowdown: A U.S.-Japan Comparison, Ching-Yuan Lin

Discussion Papers

No abstract provided.


Country Risk: Economic Aspects, Jonathan Eaton, Mark Gersovitz Apr 1982

Country Risk: Economic Aspects, Jonathan Eaton, Mark Gersovitz

Discussion Papers

No abstract provided.


Stochastic Games Ii: The Minmax Theorem, Curt Alfred Monash Apr 1982

Stochastic Games Ii: The Minmax Theorem, Curt Alfred Monash

Cowles Foundation Discussion Papers

No abstract provided.


Equilibria For A Three-Person Location Problem, Martin J. Osborne, Carolyn Pitchik Apr 1982

Equilibria For A Three-Person Location Problem, Martin J. Osborne, Carolyn Pitchik

Cowles Foundation Discussion Papers

We find all the mixed strategy equilibria, within a certain class, of the simplified three-firm location model of Hotelling (in which the price variable is ignored).


Information About Moves In Extensive Games: Ii, Pradeep Dubey, Mamoru Kaneko Apr 1982

Information About Moves In Extensive Games: Ii, Pradeep Dubey, Mamoru Kaneko

Cowles Foundation Discussion Papers

No abstract provided.