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Journal of Economic Perspectives: Vol. 2 No. 1 (Winter 1988)

Front Matter (pp. i-vi)
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Symposium: Takeovers

Symposium on Takeovers (pp. 3-5)
Hal R. Varian
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Value Maximization and the Acquisition Process (pp. 7-20)
Andrei Shleifer and Robert W. Vishny
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Takeovers: Their Causes and Consequences (pp. 21-48)
Michael C. Jensen
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The Market for Corporate Control: The Empirical Evidence Since 1980 (pp. 49-68)
Gregg A. Jarrell, James A. Brickley and Jeffry M. Netter
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Corporate Takeovers: The Efficiency Arguments (pp. 69-82)
F. M. Scherer
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Articles

Monetary and Exchange Rate Policies for International Financial Stability: A Proposal (pp. 83-103)
Ronald I. McKinnon
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Doubts About the McKinnon Standard (pp. 105-112)
Rudiger Dornbusch
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Comment on McKinnons's Monetary Rule (pp. 113-119)
John Williamson
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Frequentist and Subjectivist Perspectives on the Problems of Model Building in Economics (pp. 121-144)
Dale J. Poirier
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Comment on Poirer: The Subjective Perspective of a 'Spiritual Bayesian' (pp. 145-151)
John Rust
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Comment on Poirier: Dogma or Doubt? (pp. 153-158)
Adrian Pagan
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Comment on Poirer: Operational Bayesian Methods in Econometrics (pp. 159-166)
John Geweke
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The Subjectivist Response (pp. 167-170)
Dale J. Poirier
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The Status of Master's Programs in Economics (pp. 171-178)
Robert J. Thornton and Jon T. Innes
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Features

Puzzles: Penny Stocks, Discount Brokers, Better Bidding, and More (pp. 179-185)
Barry Nalebuff
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Recommendations for Further Reading (pp. 187-189)
Bernard Saffran
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Anomalies: The Winner's Curse (pp. 191-202)
Richard H. Thaler
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Notes (pp. 203-207)
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Journal of Economic Perspectives


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