Accounting Information systems, Decision making, Uncertainty, Information requirement

M. K. Block, J. M. Heineke; A Comment on Uncertainty and Household Decisions12, The Review of Economic Studies, Volume 39, Issue 4, 1 September 1972, Pages 523–

Elliott's basic proposition is praiseworthy. Nevertheless, I have a number of serious reservations about the implications of his model and the reliability of its predictions. Some of my reservations relate to the theoretical foundation of the model itself, while others are concerned with his methodology and estimation techniques.

This paper will demonstrate that different margin levels are associated with the price behavior differences of certain commodity futures. In 1959, Harry Roberts suggested the methodology of rational subgrouping as a means of testing random versus systematic price changes. His methodological suggestion has had only limited testing in security markets and no direct application to domestic futures markets. This paper uses margin levels as a basis for rational subgrouping of selected commodity futures. Evidence supports the argument that, when a series of price changes is grouped according to margin levels and these levels are analyzed separately, nonrandom characteristics that tend to be offsetting in the aggregate series become evident. The nonrandom behavior observed is consistent with the hypothesis that, in certain periods, margin levels have been set too high to attract a volume of speculative services necessary for the maintenance of market balance.

Journal Article On Price Adjustment without an Auctioneer Get access Franklin M. Fisher Franklin M. Fisher Massachusetts Institute of Technology and National Bureau of Economic Research Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 39, Issue 1, January 1972, Pages 1–15, https://doi.org/10.2307/2296439 Published: 01 January 1972

Journal Article Corporate Taxation and Dividend Behaviour: a further Comment Get access M. A. King M. A. King University of Cambridge and Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 39, Issue 2, April 1972, Pages 231–234, https://doi.org/10.2307/2296875 Published: 01 April 1972

RES (Review of Economic Studies) , January, 1971, concerning whether or not Gorman's Lemma 1 (RES, 1968) can be strengthened by re-laxing Gorman's assumption of arc-connectivity for the space of prospects to connectivity alone. A lemma is proved showing the mentioned relaxation feasible and furnishing proof for Gorman's Lemma 1. This supplies a missing foundation stone of Gorman's "Structure of Utility Functions " and generalizes the results therein.

D. M. Schydlowsky, M. Syrquin, The Estimation of CES Production Functions and Neutral Efficiency Levels Using Effective Rates of Protection as Price Deflators, The Review of Economics and Statistics, Vol. 54, No. 1 (Feb., 1972), pp. 79-83

Journal Article Symposium: Economics of the New Left: Comment Get access Paul M. Sweezy Paul M. Sweezy Monthly Review Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 86, Issue 4, November 1972, Pages 658–664, https://doi.org/10.2307/1882049 Published: 01 November 1972