Knowledge that Transforms

Journal Article Consumer Search and Alternative Market Equilibria Get access Avishay Braverman Avishay Braverman The World Bank Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 47, Issue 3, April 1980, Pages 487–502, https://doi.org/10.2307/2297300 Published: 01 April 1980 Article history Received: 01 February 1978 Accepted: 01 June 1979 Published: 01 April 1980

where b = (X'X)Y'X'y is the least squares estimator of fl. It is easily shown that z is N(6, o_2 V) where V = R (X'X) 'R'. The usual unbiased estimator of o.2 is s2= (y -Xb)'(y -Xb)/(Tk). In situations in which we wish only to decide whether H is true or not we can use a direct test of H such as an F test. It is perhaps more common that when H is rejected we want to know which components of 6 are different from zero and of the non-zero components which are positive and which negative. In this situation we have a multiple decision problem and a natural solution is to use an induced test. As an example suppose in the case q = 2 that we wish to test the hypothesis H: 01 =02 = 0. Since H is true if and only if the separate hypotheses H1: 01 = 0 and H2: 02= 0 are both true, this suggests a sequence of separate tests which will induce a test of H. Testing the two hypotheses H1 and H2 where we are interested in whether 01 or 62 or both are different from zero induces a multiple decision problem in which the four possible decisions are

Journal Article The Impact of Technical Change on the Holotheticity of Production Functions Get access Ryuzo Sato Ryuzo Sato Brown University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 47, Issue 4, July 1980, Pages 767–776, https://doi.org/10.2307/2296942 Published: 01 July 1980 Article history Received: 01 October 1975 Accepted: 01 January 1980 Published: 01 July 1980

Journal Article Finite Sample Theory and the Distributions of Alternative Estimators of the Marginal Propensity to Consume Get access P. C. B. Phillips P. C. B. Phillips Yale University and University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 47, Issue 1, 1980, Pages 183–224, https://doi.org/10.2307/2297109 Published: 01 January 1980

Journal Article Consistent Plans Get access Steven M. Goldman Steven M. Goldman University of California, Berkeley Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 47, Issue 3, April 1980, Pages 533–537, https://doi.org/10.2307/2297304 Published: 01 April 1980 Article history Received: 01 July 1978 Accepted: 01 April 1979 Published: 01 April 1980

Focuses on a study which developed a formulae of optimal quantity-dependent pricing schemes for several products. Description of the single product model; Details on the Pareto optimality; Information on the multi-product pricing. (Из Ebsco)

Journal Article Cournot Equilibrium with Free Entry Get access William Novshek William Novshek Stanford University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 47, Issue 3, April 1980, Pages 473–486, https://doi.org/10.2307/2297299 Published: 01 April 1980 Article history Received: 01 October 1977 Accepted: 01 May 1979 Published: 01 April 1980

Partha Dasgupta, Peter Hammond, Eric Maskin; On Imperfect Information and Optimal Pollution Control, The Review of Economic Studies, Volume 47, Issue 5, 1

Journal Article Interpersonal Comparability and Social Choice Theory Get access Kevin W. S. Roberts Kevin W. S. Roberts MIT and St Catherine's College, Oxford Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 47, Issue 2, January 1980, Pages 421–439, https://doi.org/10.2307/2297002 Published: 01 January 1980 Article history Received: 01 July 1976 Accepted: 01 March 1979 Published: 01 January 1980

Journal Article A Structured Logit Model of Auto Ownership and Mode Choice Get access Kenneth Train Kenneth Train Cambridge Systematics Inc., Berkeley Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 47, Issue 2, January 1980, Pages 357–370, https://doi.org/10.2307/2296997 Published: 01 January 1980 Article history Received: 01 April 1978 Accepted: 01 December 1978 Published: 01 January 1980