Front Matter

The New Economics of Regulation Ten Years After

Jean-Jacques Laffont
p. 507-537

Risk and Insurance in Village India

Robert M. Townsend
p. 539-591

Nonatomic Economies and the Boundaries of Perfect Competition

Joseph M. Ostroy, William R. Zame
p. 593-633

Discrete-Time Finite Horizon Approximation of Infinite Horizon Optimization Problems with Steady-State Invariance

Jean Mercenier, Philippe Michel
p. 635-656

Alternative Approximations to the Distributions of Instrumental Variable Estimators

Paul A. Bekker
p. 657-681

Notes and Comments: A General Result for Quantifying Beliefs

Peter Wakker, Rakesh Sarin
p. 683-685

Notes and Comments: Switching Costs and the Gittins Index

Jeffrey S. Banks, Rangarajan K. Sundaram
p. 687-694

Notes and Comments: Imperfect Competition in a Multi-Security Market with Risk Neutrality

Jordi Caballe, Murugappa Krishnan
p. 695-704

Notes and Comments: A Generalized R^2 Criterion for Regression Models Estimated by the Instrumental Variables Method

M. Hashem Pesaran, Richard J. Smith
p. 705-710

Announcements

p. 711-712

News Notes

p. 713-715

The Econometric Society Annual Reports, 1993: Report of the President

Andreu Mas-Colell
p. 717-719

1993 Election of Fellows to the Econometric Society

p. 721-725

Fellows of the Econometric Society, January 1994

p. 727-744

[Photograph]: Andreu Mas-Colell, President of the Econometric Society, 1993

Back Matter