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Aristotle and the Development of Value Theory

Barry J. Gordon
Quarterly Journal of Economics 1964 78(1), 115
Introduction, 115. — I. Reassessment of Aristotle's theory of value, 116. — II. The utility principle and the cost principle in Aristotle, 120. — III. The role of labor skill as a value determinant, 124. — IV. Conclusion, 128.

Effect of Market Organization on Competitive Equilibrium

Vernon L. Smith
Quarterly Journal of Economics 1964 78(2), 181
I. Introduction, 181. — II. The hypotheses, 183. — III. Subjects and experimental procedure, 184. — IV. Experimental results and classical tests of hypotheses, 187. — V. A. Bayesian subjective probability analysis, 197.— Appendix, 199.

Collective-Consumption Services of Individual-Consumption Goods

Burton A. Weisbrod
Quarterly Journal of Economics 1964 78(3), 471
Certain commodities of a pure individual-consumption variety also possess characteristics of a pure collective-consumption good, 471. — In certain cases when individual-consumption goods cannot be provided profitably by private enterprise, it may serve the social welfare to subsidize their production, 474. — Conclusion, 476.

The Peculiar Economics of Professional Sports: A Contribution to the Theory of the Firm in Sporting Competition and in Market Competition

Walter C. Neale
Quarterly Journal of Economics 1964 78(1), 1
Louis-Schmelling paradox, 1. — The inverted joint product or the product joint, 2. — League standing effect, 3. — Fourth estate benefit, 3. — Multifirm plants, 5. — Diminishing quality returns, 8. — Input-enthusiasm effect, 8. — Roger Maris cobweb, 12. — Bobby Layne rigidity, 12. — Archie Moore invisibility, 13.