Journal of Economic Perspectives

Vol. 2 No. 1 Winter 1988

Find articles in this issue

Title

Abstract

Author

Front Matter (pp. i-vi)

Symposium: Takeovers

Symposium on Takeovers

by Hal R. Varian

(pp. 3-5)

Value Maximization and the Acquisition Process

by Andrei Shleifer and Robert W. Vishny

(pp. 7-20)

Takeovers: Their Causes and Consequences

by Michael C. Jensen

(pp. 21-48)

The Market for Corporate Control: The Empirical Evidence Since 1980

by Gregg A. Jarrell, James A. Brickley and Jeffry M. Netter

(pp. 49-68)

Corporate Takeovers: The Efficiency Arguments

by F. M. Scherer

(pp. 69-82)

Articles

Monetary and Exchange Rate Policies for International Financial Stability: A Proposal

by Ronald I. McKinnon

(pp. 83-103)

Doubts About the McKinnon Standard

by Rudiger Dornbusch

(pp. 105-112)

Comment on McKinnons's Monetary Rule

by John Williamson

(pp. 113-119)

Frequentist and Subjectivist Perspectives on the Problems of Model Building in Economics

by Dale J. Poirier

(pp. 121-144)

Comment on Poirer: The Subjective Perspective of a "Spiritual Bayesian"

by John Rust

(pp. 145-151)

Comment on Poirier: Dogma or Doubt?

by Adrian Pagan

(pp. 153-158)

Comment on Poirer: Operational Bayesian Methods in Econometrics

by John Geweke

(pp. 159-166)

The Subjectivist Response

by Dale J. Poirier

(pp. 167-170)

The Status of Master's Programs in Economics

by Robert J. Thornton and Jon T. Innes

(pp. 171-178)

Features

Puzzles: Penny Stocks, Discount Brokers, Better Bidding, and More

by Barry Nalebuff

(pp. 179-185)

Recommendations for Further Reading

by Bernard Saffran

(pp. 187-189)

Anomalies: The Winner's Curse

by Richard H. Thaler

(pp. 191-202)

Notes (pp. 203-207)