Knowledge that Transforms

Jean-Michel Grandmont, Guy Laroque; On Temporary Keynesian Equilibria, The Review of Economic Studies, Volume 43, Issue 1, 1 February 1976, Pages 53–67, ht

Journal Article Monetary Equilibrium in Two Classes of Stationary Economies Get access Toshihiko Hayashi Toshihiko Hayashi Kobe University of Commerce Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 43, Issue 2, June 1976, Pages 269–284, https://doi.org/10.2307/2297323 Published: 01 June 1976

Gérald Leblanc, Paul van Moeseke; The Le Chatelier Principle in Convex Programming, The Review of Economic Studies, Volume 43, Issue 1, 1 February 1976, Pages 1

Journal Article A Note on Elasticity of Substitution Functions Get access Lawrence J. Lau Lawrence J. Lau Stanford University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 43, Issue 2, June 1976, Pages 353–358, https://doi.org/10.2307/2297330 Published: 01 June 1976

Mukul Majumdar, Amartya Sen; A Note on Representing Partial Orderings, The Review of Economic Studies, Volume 43, Issue 3, 1 October 1976, Pages 543–545, https:

Journal Article A Note on Consistent Naive Intertemporal Decision Making and an Application to the Case of Uncertain Lifetime Get access H. Stuart Burness H. Stuart Burness University of Kentucky Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 43, Issue 3, October 1976, Pages 547–549, https://doi.org/10.2307/2297234 Published: 01 October 1976 Article history Received: 01 May 1975 Accepted: 01 October 1975 Published: 01 October 1976

M. I. Kamien, E. Muller; Optimal Control with Integral State Equations, The Review of Economic Studies, Volume 43, Issue 3, 1 October 1976, Pages 469–473,

Journal Article Consistency, Rationality and Collective Choice Get access Georges Bordes Georges Bordes University of Bordeaux 1 Laboratoire d'Analyse et de Recherche économique Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 43, Issue 3, October 1976, Pages 451–457, https://doi.org/10.2307/2297222 Published: 01 October 1976 Article history Received: 01 March 1975 Accepted: 01 December 1975 Published: 01 October 1976

In attempting to construct a general framework for the analysis of choice under uncertainty, researchers have long sought to establish reasonable criteria for the selection of one prospect over another.Among current researchers the concept of stochastic dominance 1 has attracted considerable attention.This paper attempts to clarify and generalize certain basic relationships between stochastic dominance and the maximization of expected utility.The paper begins with a critique of an article by Giora Hanoch and Haim Levy [lJ.Although Hanoch and Levy propose a series of interesting theorems relating stochastic dominance to the maximization of expected utility, errors appear in the statement and proof of these theorems which prevent (or should prevent) the researcher from using them directly.The necessary modifications are given in Part I below.An undesirable feature of many articles in the area of stochastic dominance are the regularity conditions imposed on the utility functions (e.g., bounded, differentiable) and the random variables (e.g., absolutely continuous distribution function, nonnegative).The important 1971