Abstract ABSTRACT: This paper presents the results of a study which undertakes to evaluate whether the PLATO time-sharing system and the introductory accounting modules residing on this system are an effective tutorial medium for introductory accounting Thru study was replicated over a different population in each of three different time periods and involved an examination of both the financial and managerial modules. The results for the three periods indicate that PLATO can be an effective tutorial medium, particularly where the financial modules are employed.

Journal Article A Note on Pasinetti's “Ricardian System” Get access P. J. Eygelshoven, P. J. Eygelshoven University of Groningen Search for other works by this author on: Oxford Academic Google Scholar S. K. Kuipers S. K. Kuipers University of Groningen Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 1, January 1981, Pages 185–186, https://doi.org/10.2307/2297132 Published: 01 January 1981 Article history Received: 01 October 1979 Accepted: 01 May 1980 Published: 01 January 1981

This paper considers a reward mechanism for inducing the choice of a socially optimal level of output by a socialist price-setting manager. Under this mechanism the planner is assumed to have no information other than the observed output and price level. It thus has informational advantages over other schemes thus far discussed in the literature. The other schemes require the additional knowledge of demand elasticities of all the products produced in the economy. Besides this informational advantage the reward structure suggested here also eliminates other basic weaknesses of those schemes suggested previously.

Abstract This article studies the case of market reactions to accounting policy deliberations. The purpose of the article paper is to point out several shortcomings of a study by some researchers and to suggest an alternative framework for testing for potential market reactions to a series of events such as FASB deliberations on inflation accounting. The general research approach employed by researchers is premised on the argument that market reactions to FASB inflation accounting deliberations can be determined, appropriately, by examining the association between abnormal returns of firms for various announcements. Perhaps the most significant limitations stems from the fact that the correlation approach is an awkward, if not inappropriate methodology for application to research problems where the number of variates. The exclusive reliance on that methodology by researchers, therefore, is surprising since there exist alternative research paradigms which, although not free of shortcomings, avoid some problems.

Journal Article Instrumental Variable Estimation of a Characteristics Model of Demand Get access S. E. Pudney S. E. Pudney London School of Economics Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 3, July 1981, Pages 417–433, https://doi.org/10.2307/2297155 Published: 01 July 1981 Article history Received: 01 May 1980 Accepted: 01 February 1981 Published: 01 July 1981

Journal Article An Empirical Method of Approximating the Separable Structure of Consumer Preferences Get access S. E. Pudney S. E. Pudney London School of Economics Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 48, Issue 4, October 1981, Pages 561–577, https://doi.org/10.2307/2297196 Published: 01 October 1981 Article history Received: 01 November 1980 Accepted: 01 July 1981 Published: 01 October 1981

William S. Hopwood, James C. McKeown, An Evaluation of Univariate Time-Series Earnings Models and Their Generalization to a Single Input Transfer Function, Journal of Accounting Research, Vol. 19, No. 2 (Autumn, 1981), pp. 313-322

Partial or total durability characterizes a large class of exhaustible resources. We show that Hotelling's r-percent rule will apply to a durable resource produced in a competitive market, but will not apply if the resource is produced in a monopolistic market. However, the r-percent rule does not mean that price is steadily rising. We show that in general the competitive market price will fall initially as the stock in circulation increases, and later will rise as the stock decreases and eventually depreciates toward zero after production ceases. Accounting for durability may thus help explain the U-shaped long-term price profiles observed for many resources.

Abstract ABSTRACT: This study consists of a laboratory experiment that examines the income smoothing process with respect to motivation (reflected by the cost of smoothing), type of smoothing variable (real or artificial) and management structure (diverse or concentrated ownership). The results indicate that less smoothing occurs when the cost of smoothing is higher, that there is more smoothing when ownership is diverse than when ownership is not diverse, and that smoothing is greater with the use of artificial (accounting) variables than with real (transactional) variables. The data were analyzed using analysis of variance of repeated observations. All results are significant beyond the .001 level. The conclusions relating to ownership are consistent with existing literature.

Abstract Reviews the book "The Impact of Inflation on Accounting," edited by V. K. Zimmerman.