Details about Martin L. Weitzman

Homepage:	http://www.economics.harvard.edu/faculty/weitzman
Workplace:	Department of Economics, Harvard University, (more information at EDIRC)

Access statistics for papers by Martin L. Weitzman.

Last updated 2009-10-27. Update your information in the RePEc Author Service.

Short-id: pwe175

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Working Papers

2009

1. Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting
   Economics Discussion Papers, Kiel Institute for the World Economy

2007

2. Structural Uncertainty and the Value of Statistical Life in the Economics of Catastrophic Climate Change
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2003

3. Icelandic Fisheries Management: Fees versus Quotas
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

2001

4. Does NNP growth indicate welfare improvement?
   Memorandum, Oslo University, Department of Economics View citations
   See also Journal Article in Economics Letters (2001)

1999

5. A Contribution to the Theory of Welfare Comparisons
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1999) View citations
6. An "Economics Proof" of a Separating Hyperplane Theorem
   Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
7. Economic Profitability vs. Ecological Entropy
   Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
8. Making Dynamic Welfare Comparisons
   Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research

1998

9. Conflicts and Choices in Biodiversity Preservation
   Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations
   See also Journal Article in Journal of Economic Perspectives (1998)
10. Gamma Discounting
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations
    See also Journal Article in American Economic Review (2001)
11. The Linearized Hamiltonian as Comprehensive NDP
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations
    See also Journal Article in Environment and Development Economics (2000)

1997

12. On the Welfare Basis of Green Accounting
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research

1996

13. On the Welfare Significance of Green Accounting as Taught by Parable
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
    See also Journal Article in Journal of Environmental Economics and Management (1997)
14. On the Welfare Significance of National Product Under Interest-Rate Uncertainty
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
    See also Journal Article in European Economic Review (1998)

1995

15. Recombinant Growth
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
    See also Journal Article in The Quarterly Journal of Economics (1998)
16. The Welfare Significance of a National Product Revisited
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations

1994

17. Patterns of behavior in biodiversity preservation
    Policy Research Working Paper Series, The World Bank View citations

1993

18. Chinese Township Village Enterprises as Vaguely Defined Cooperations
    CEP Discussion Papers, Centre for Economic Performance, LSE
    See also Journal Article in Journal of Comparative Economics (1994)
19. On the 'Environmental' Discount Rate
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
    See also Journal Article in Journal of Environmental Economics and Management (1994)
20. Retaliatory Mechanisms for Eliminating Trade Barriers: Aggressive Unilateralism VS. Gatt Cooperation
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research

1992

21. Diversity Functions
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
22. Vaguely Defined Cooperatives and Cooperative Culture: A Reconciliation of Paradoxical Phenomenon in Transitional Economics
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research

1991

23. A Reduced Form Approach to Maximum Likelihood Estimation of Evolutionary Trees
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
24. An Application of Diversity Theory to Crane Conservation
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
25. ON DIVERSITY
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
    See also Journal Article in The Quarterly Journal of Economics (1992)
26. VOLUME, VARIETY, AND VERSATILITY IN GROWTH AND TRADE
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research

1989

27. Bonuses and Employment in Japan
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of the Japanese and International Economies (1987)

1988

28. A PROPOSAL FOR USING INCENTIVE PRE-COMMITMENTS IN PUBLIC ENTERPRISE FUNDING
    Working Papers, Yale - Economic Growth Center View citations

1987

29. A Theory of Job Market Segmentation
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics

1984

30. The Simple Macroeconomics of Profit Sharing
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in American Economic Review (1985)

1982

31. Some Macroeconomic Implications of Alternative Wage Systems
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics

1981

32. Increasing Returns and Unemployment Equilibrium
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations

1980

33. An Exact Small Test of Non-Nested Hypothesis
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
34. On a General Approach to Search and Information Gathering
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations

1979

35. Funding Criteria for Research, Development and Exploration Projects
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Journal Article in Econometrica (1981)
36. The 'Ratchet Principle' and Performance Incentives
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in Bell Journal of Economics (1980)

1978

37. Optimal Search for the Best Alternative
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in Econometrica (1979)

1976

38. Optimal Revenue Functions for Economic Regulation
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics

1975

39. The Optimal Development of Resource Pools
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in Journal of Economic Theory (1976)

1974

40. Is the Price System or Rationing More Effective in Getting a Commodity to Those Who Need It Most?
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in Bell Journal of Economics (1977)
41. On the Welfare Significance of National Product in Dynamic Economy
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in The Quarterly Journal of Economics (1976)
42. The New Soviet Incentive Model
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in Bell Journal of Economics (1976)

1973

43. A Marxian Type Model of Enclosure
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
44. Prices vs. Quantities
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Journal Article in Review of Economic Studies (1974)

1971

45. Alternative Management of Common Property Resources under Free Access and Private Ownership
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
46. Duality Theory of Convex Programming for Infinite Horizon Economic Models
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University

1970

47. Aggregation and Disaggregation in the Pure Theory of Capital and Growth: A New Parable
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1969

48. Material Balances under Uncertainty
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in The Quarterly Journal of Economics (1971)
49. Optimal Growth with Scale Economies in Overhead Capital
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
50. Shiftable vs. Non-Shiftable Capital: A Synthesis
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University

1968

51. Soviet Postwar Economic Growth and Capital Labor Substitution
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in American Economic Review (1970)

1967

52. Iterative Multi-Level Planning with Production Targets
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in Econometrica (1970)

Journal Articles

2009

1. On Modeling and Interpreting the Economics of Catastrophic Climate Change
   The Review of Economics and Statistics, 2009, 91, (1), 1-19 View citations

2007

2. A Review of the Stern Review on the Economics of Climate Change
   Journal of Economic Literature, 2007, 45, (3), 703-724 View citations
3. Subjective Expectations and Asset-Return Puzzles
   American Economic Review, 2007, 97, (4), 1102-1130 View citations

2004

4. Stochastic income and wealth
   Japan and the World Economy, 2004, 16, (3), 277-301

2002

5. Landing Fees vs Harvest Quotas with Uncertain Fish Stocks
   Journal of Environmental Economics and Management, 2002, 43, (2), 325-338 View citations
6. On the implications of endogenous resistance to medications
   Journal of Health Economics, 2002, 21, (4), 709-718 View citations

2001

7. A Contribution to the Theory of Welfare Accounting
   Scandinavian Journal of Economics, 2001, 103, (1), 1-23 View citations
8. Does NNP growth indicate welfare improvement?
   Economics Letters, 2001, 73, (2), 233-239 View citations
   See also Working Paper (2001)
9. Gamma Discounting
   American Economic Review, 2001, 91, (1), 260-271 View citations
   See also Working Paper (1998)
10. Harvesting versus Biodiversity: An Occam's Razor Version
    Environmental & Resource Economics, 2001, 18, (4), 355-366 View citations

2000

11. An 'economics proof' of the supporting hyperplane theorem
    Economics Letters, 2000, 68, (1), 1-6
12. Economic Profitability Versus Ecological Entropy
    The Quarterly Journal of Economics, 2000, 115, (1), 237-263 View citations
13. The linearised Hamiltonian as comprehensive NDP
    Environment and Development Economics, 2000, 5, (01), 55-68 View citations
    See also Working Paper (1998)

1999

14. Pricing The Limits To Growth From Minerals Depletion
    The Quarterly Journal of Economics, 1999, 114, (2), 691-706 View citations

1998

15. Conflicts and Choices in Biodiversity Preservation
    Journal of Economic Perspectives, 1998, 12, (3), 21-34 View citations
    See also Working Paper (1998)
16. On the welfare significance of national product under interest-rate uncertainty
    European Economic Review, 1998, 42, (8), 1581-1594 View citations
    See also Working Paper (1996)
17. Recombinant Growth
    The Quarterly Journal of Economics, 1998, 113, (2), 331-360 View citations
    See also Working Paper (1995)
18. The Noah's Ark Problem
    Econometrica, 1998, 66, (6), 1279-1298 View citations
19. Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate
    Journal of Environmental Economics and Management, 1998, 36, (3), 201-208 View citations

1997

20. On the Welfare Significance of Green Accounting as Taught by Parable
    Journal of Environmental Economics and Management, 1997, 32, (2), 139-153 View citations
    See also Working Paper (1996)
21. Sustainability and Technical Progress
    Scandinavian Journal of Economics, 1997, 99, (1), 1-13 View citations

1996

22. Competition and the evolution of efficiency
    Journal of Economic Behavior & Organization, 1996, 30, (1), 25-43 View citations
23. Hybridizing Growth Theory
    American Economic Review, 1996, 86, (2), 207-12 View citations

1994

24. Chinese Township-Village Enterprises as Vaguely Defined Cooperatives
    Journal of Comparative Economics, 1994, 18, (2), 121-145 View citations
    See also Working Paper (1993)
25. Monopolistic Competition with Endogenous Specialization
    Review of Economic Studies, 1994, 61, (1), 45-56 View citations
26. On the Environmental Discount Rate
    Journal of Environmental Economics and Management, 1994, 26, (2), 200-209 View citations
    See also Working Paper (1993)

1993

27. Economic transition: Can theory help?
    European Economic Review, 1993, 37, (2-3), 549-555
28. What to Preserve? An Application of Diversity Theory to Crane Conservation?
    The Quarterly Journal of Economics, 1993, 108, (1), 157-83 View citations

1992

29. On Diversity
    The Quarterly Journal of Economics, 1992, 107, (2), 363-405 View citations
    See also Working Paper (1991)

1991

30. Price Distortion and Shortage Deformation, or What Happened to the Soap?
    American Economic Review, 1991, 81, (3), 401-14 View citations

1989

31. A Theory of Wage Dispersion and Job Market Segmentation
    The Quarterly Journal of Economics, 1989, 104, (1), 121-37 View citations

1988

32. Comment on "Can the Share Economy Conquer Stagflation?"
    The Quarterly Journal of Economics, 1988, 103, (1), 219-23
33. Consumer's Surplus as an Exact Approximation When Prices Are Appropriately Deflated
    The Quarterly Journal of Economics, 1988, 103, (3), 543-53 View citations
34. Increasing Returns and the Foundations of Unemployment Theory: Rejoinder
    Economic Journal, 1988, 98, (389), 172-74

1987

35. Bonuses and employment in Japan
    Journal of the Japanese and International Economies, 1987, 1, (2), 168-194 View citations
    See also Working Paper (1989)
36. General and Miscellaneous Economic Theory and History. Edited by Jurgen Kocka and Gyorgy Ranki. Budapest:Akademiai Kiado, 1985. Pp. 164. $18.00. Economic History and the Modern Economist. Edited by William N. Parker. New York: Basil Blackwell, 1986. Pp. 105. $24.95
    The Journal of Economic History, 1987, 47, (02), 589-590
37. Steady State Unemployment under Profit Sharing
    Economic Journal, 1987, 97, (385), 86-105 View citations

1986

38. The share economy symposium: A reply
    Journal of Comparative Economics, 1986, 10, (4), 469-473

1985

39. Profit Sharing as Macroeconomic Policy
    American Economic Review, 1985, 75, (2), 41-45 View citations
40. The Simple Macroeconomics of Profit Sharing
    American Economic Review, 1985, 75, (5), 937-53 View citations
    See also Working Paper (1984)

1983

41. Contestable Markets: An Uprising in the Theory of Industry Structure: Comment
    American Economic Review, 1983, 73, (3), 486-87 View citations
42. Some Macroeconomic Implications of Alternative Compensation Systems
    Economic Journal, 1983, 93, (372), 763-83 View citations

1982

43. Asymmetries in price and quantity adjustments by the competitive firm
    Journal of Economic Theory, 1982, 27, (2), 410-420 View citations
44. Increasing Returns and the Foundations of Unemployment Theory
    Economic Journal, 1982, 92, (368), 787-804 View citations

1981

45. Funding Criteria for Research, Development, and Exploration Projects
    Econometrica, 1981, 49, (5), 1261-88 View citations
    See also Working Paper (1979)
46. Sequential R&D Strategy for Synfuels
    Bell Journal of Economics, 1981, 12, (2), 574-590 View citations

1980

47. Efficient Incentive Contracts
    The Quarterly Journal of Economics, 1980, 94, (4), 719-30 View citations
48. The "Ratchet Principle" and Performance Incentives
    Bell Journal of Economics, 1980, 11, (1), 302-308 View citations
    See also Working Paper (1979)

1979

49. Optimal Search for the Best Alternative
    Econometrica, 1979, 47, (3), 641-54 View citations
    See also Working Paper (1978)
50. Technology transfer to the USSR: An econometric analysis
    Journal of Comparative Economics, 1979, 3, (2), 167-177 View citations

1978

51. Aggregation for material balances
    Journal of Comparative Economics, 1978, 2, (1), 1-11
52. Optimal Rewards for Economic Regulation
    American Economic Review, 1978, 68, (4), 683-91 View citations
53. Reply to "Prices vs. Quantities: A Critical Note on the Use of Approximations" by James M. Malcomson
    Review of Economic Studies, 1978, 45, (1), 209-10

1977

54. Is the Price System or Rationing More Effective in Getting a Commodity to Those Who Need It Most?
    Bell Journal of Economics, 1977, 8, (2), 517-524 View citations
    See also Working Paper (1974)

1976

55. OPEC and the monopoly price of world oil
    European Economic Review, 1976, 8, (2), 155-164 View citations
56. On the Welfare Significance of National Product in a Dynamic Economy
    The Quarterly Journal of Economics, 1976, 90, (1), 156-62 View citations
    See also Working Paper (1974)
57. Reply to Fenoaltea
    Journal of Development Economics, 1976, 3, (2), 199-200
58. The New Soviet Incentive Model
    Bell Journal of Economics, 1976, 7, (1), 251-257 View citations
    See also Working Paper (1974)
59. The optimal development of resource pools
    Journal of Economic Theory, 1976, 12, (3), 351-364 View citations
    See also Working Paper (1975)

1975

60. A Marxian model of enclosures
    Journal of Development Economics, 1975, 1, (4), 287-336 View citations

1974

61. Free access vs private ownership as alternative systems for managing common property
    Journal of Economic Theory, 1974, 8, (2), 225-234 View citations
62. Prices vs. Quantities
    Review of Economic Studies, 1974, 41, (4), 477-91 View citations
    See also Working Paper (1973)
63. Soviet Postwar Economic Growth and Capital-Labor Substitution: Reply
    American Economic Review, 1974, 64, (1), 243
    Also in American Economic Review, 1972, 62, (4), 682-84 (1972)

1971

64. Material Balances under Uncertainty
    The Quarterly Journal of Economics, 1971, 85, (2), 262-82
    See also Working Paper (1969)
65. Shiftable Versus Non-Shiftable Capital: A Synthesis
    Econometrica, 1971, 39, (3), 511-29

1970

66. Iterative Multilevel Planning with Production Targets
    Econometrica, 1970, 38, (1), 50-65
    See also Working Paper (1967)
67. Optimal Growth with Scale Economies in the Creation of Overhead Capital
    Review of Economic Studies, 1970, 37, (4), 555-70 View citations
68. Soviet Postwar Economic Growth and Capital-Labor Substitution
    American Economic Review, 1970, 60, (4), 676-92 View citations
    See also Working Paper (1968)

Chapters

1986

1. Macroeconomic Implications Of Profit Sharing
   A chapter in NBER Macroeconomics Annual 1986, Volume 1, 1986, pp 291-354 View citations