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Working Papers

From C.V. Starr Center for Applied Economics, New York University
C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012.
Contact information at EDIRC.

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86-26: Some Evidence on the Non-Linearity of Economic Time Series: 1890-1981
Salih Neftci and Bruce McNevin
86-25: Information, Returns, and Bidding Behavior in OCS Auctions: 1954-1969
Bryan Boudreau, Kenneth Hendricks and Robert Porter
86-24: The Probability of Nuclear War
Rudolf Avenhaus, Steven Brams, John Fichtner and D. Marc Kilgour
86-23: Threat Escalation and Crisis Stability: A Game-Theoretic Analysis
Steven Brams and D. Marc Kilgour
86-22: Perfect Equilibria in Budget Constrained Sequential Auctions: An Experimental Study
Carolyn Pitchik and Andrew Schotter
86-21: Budget Constrained Sequential Auctions
Carolyn Pitchik and Andrew Schotter
86-20: The Diffusion and Growth of Knowledge
Boyan Jovanovic and Rafael Rob
86-19: On Competitive Cycles in Productive Economies
Jess Benhabib and Guy Laroque
86-18: The Dynamics of Efficient Intertemporal Allocations With Many Agents, Recursive Preferences and Production
Jess Benhabib, Saqib Jafarey and Kazuo Nishimura
86-17: Inference in Models With Multiple Equilibria
Boyan Jovanovic
86-16: Learning to Believe in Sunspots
Michael Woodford
86-15: Expectations, Finance and Aggregate Instability
Michael Woodford
86-14: Micro Shocks and Aggregate Risks
Boyan Jovanovic
86-13: Verifications and Stability: A Game Theoretic Analysis
Steven Brams and D. Marc Kilgour
86-12: Anonymous Sequential Games
Boyan Jovanovic and Robert Rosenthal
86-11: Information Services: Perspectives From Industrial Organization and Trade Theory
Clive Bull, Janusz Ordover and Kenneth Rogoza
86-10: The Adjustment of U.S. Oil Demand to the Price Increases of the 1970’s: Have the Conservation Gains Been Overstated?
Dermot Gately and Peter Rappoport
86-09: Labor Market Intermediaries: Welfare, Wages and Vacancy Rates
Clive Bull, Oscar Ornati and Piero Tedeschi
86-08: Notes on Arms-Control Verification: A Game-Theoretic Analysis
Steven Brams and D. Marc Kilgour
86-07: Are the Cross-Equation Restrictions Imposed in the Rational Expectations Models Valid?
Roman Frydman
86-06: Reputation and Patience in the “War of Attrition”
Lewis A. Kornhauser, Ariel Rubinstein and Charles Wilson
86-05: On the Economic Virtues of Incompetency and Dishonesty
Andrew Schotter
86-04: Entrepreneurship and the Long Run Productivity Record
William Baumol
86-03: The Point of No Return: A Game-Theoretic Analysis of Crisis Stability
Steven Brams and D. Marc Kilgour
86-02: The Prospects for Oil Prices, Revisited
Dermot Gately
86-01: Contestability: Developments Since the Book
William Baumol and Robert Willig
85-41: Discrete Versus Continuous Time in Games of Timing
Kenneth Hendricks and Charles Wilson
85-40: Three Fundamental Productivity Concepts: Principles and Measurement
William Baumol and Edward Wolff
85-39: The Effects of Pensions and Social Security on the Distribution of Wealth in the U.S
Edward Wolff
85-38: The Evolution of a Free Banking System
George Selgin and Lawrence White
85-37: Deterrence by Variable Retaliation: A Game-Theoretic Analysis
Steven Brams and D. Marc Kilgour
85-36: On Continuity of Multiple-Output Cost and Distance Functions
R. Robert Russell
85-35: Accounting for Non-Interest-Bearing Currency: A Critique of the ‘Legal Restrictions’ Theory of Money
Lawrence White
85-34: Demand-Driven Innovation and Spatial Competition Over Time
Boyan Jovanovic and Rafael Rob
85-33: On the Axiomatic Approach to the Measurement of Technical Efficiency
R. Robert Russell
85-32: The War of Attrition in Discrete Time
Kenneth Hendricks and Charles Wilson
85-31: Management Error and the Optimal Structure of the Firm: A Decision – Theoretic Approach
Clive Bull and Janusz A. Ordover
85-30: Winding Down if Preemption or Escalation Occurs: A Game-Theoretic Analysis
Steven Brams and D. Marc Kilgour
85-29: On the Possibility of Continuing Expansion of Finite Resources
William Baumol
85-28: On Method in Economics a Century Earlier
William Baumol
85-27: Productivity Growth, Convergence and Welfare: What the Long Run Data Show
William Baumol
85-26: On the Optimal Pricing Policy of a Monopolist
Charles Wilson
85-25: Unnatural Value: Or Art Investment as Floating Crap Game
William Baumol
85-24: Unpredictability, Psuedorandomness and Military-Civilian Budget Interactions
William Baumol
85-23: The Role of Matching and Relative Demand Shocks in Generating Turnover
Clive Bull and Boyan Jovanovic
85-22: Rebirth of a Fallen Leader: Italy and the Long Period Data
William Baumol
85-21: Tournaments and Piece Rates: An Experimental Study
Clive Bull, Andrew Schotter and Keith Weigelt
85-20: Empirical Investigation of the Irrelevance of the Distinction Between Anticipated and Unanticipated Money in Explaining Output
Roman Frydman and Peter Rappoport
85-19: Unbalanced Growth, Capital Accumulation and Productivity Growth
Edward Wolff
85-18: Time Structure of Technology and the Real Business Cycle
Giovanni Ferri
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