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Price Discrimination and Monopolistic Competition

Econometrica 1984 52(6), 1453
[I examine the effects of price discrimination on the equilibrium prices, number of firms, and level of total surplus in a monopolistically competitive market. The main finding is that uniform pricing is more (less) efficient than is price discrimination when the purchases made by the consumers who are discriminated against constitute a small (large) proportion of the total purchases.]

A Hazard Rate Approach to the Timing of Births

Econometrica 1984 52(4), 939
"This paper discusses two approaches that economists have taken in analyzing the timing of births. It formulates an empirical model appropriate for one of these approaches and demonstrates its usefulness using household survey data from Costa Rica. The hazard rate technique employed in this paper is a natural way of modeling a broad class of problems where the occurrence of an event is uncertain." The study also indicates that "historical data can be used to determine whether the strong trend in the relationship between regional mortality levels and the age at first birth is real or the result of inappropriate data. Additionally, data from other countries might be employed to determine whether the significant effect of male education levels on the risk of subsequent births is a general result. Finally..., the predictions of theoretical models dealing with the number and pace of births can be tested using data from younger women."

Interpolation from Grouped Data for Unimodal Densities

Econometrica 1984 52(2), 419
[This paper considers the interpolation of percentiles when the value of the c.d.f. F(x) is specified at n points. Upper and lower bounds on the percentile are obtained assuming that data is generated by a unimodal density. Sharper bounds are derived when the average of the observations in each interval is given. In addition to improving the standard linear interpolation, our results indicate that much information can be gained by reporting group means as well as frequency counts.]