Econometrica

The Nonlinear Accelerator and the Persistence of Business Cycles

R. M. Goodwin
p. 1-17

Consumer Substitutions between Butter and Margarine

James N. Morgan
p. 18-39

Equilibrium among Spatially Separated Markets: Solution by Electric Analogue

Stephen Enke
p. 40-47

Report of the Berkeley Meeting, August 1-5, 1950

p. 48-54

Report of the Harvard Meeting, August 31-September 5, 1950

p. 55-72

Report of the Council for 1950

William B. Simpson
p. 73-74

Treasurer's Report

Alfred Cowles
p. 74-75

Rules for Electing Fellows

p. 76-77

Election of Fellows, 1950

p. 77-82

Fellows of the Econometric Society

p. 82-84

Meetings of the Society in 1951

p. 84-85

Proposed Election of Fellows

p. 84-84

Erratum: A Note on a Maximum-Likelihood Estimate

T. W. Anderson
p. 85-85

Some Personal Reminiscences on a Great Man

Ragnar Frisch
p. 87-91

The Rate of Interest

Joan Robinson
p. 92-111

Le "Revenu Distribuable" et les Pertes Economiques

Marcel Boiteux
p. 112-133

The Invalidity of Classical Monetary Theory

Don Patinkin
p. 134-151

Inconsistency and Indeterminacy in Classical Economics

Karl Brunner
p. 152-173

The Application of Pareto's Law of Income to Japanese Data

Miyoji Hayakawa
p. 174-183

Two Consequences of the Transposition Theorem on Linear Inequalities

T. S. Motzkin
p. 184-185

A Note on Motzkin's Transposition Theorem

Morton L. Slater
p. 185-187

An Interesting General Form for a Production Function

Arnold Zellner
p. 188-189

Report of the Varese Meeting, September 6-8, 1950

p. 190-219

Report of the Tokyo Meeting, October 8-9, 1950

p. 220-223

Announcement of Santa Monica Meeting, August 2-4, 1951

p. 224-225

Report of the India Meeting, December 23, 1950

p. 224-224

Announcement of Louvain Meeting, September 12-14, 1951

p. 225-226

Announcement of Minneapolis Meeting, September 4-7, 1951

p. 225-225

Announcement of Boston Meeting, December 27-29, 1951

p. 226-226

Errata: Report of the Washington Meeting, 1947

p. 227-227

Back Matter

[Photograph: William Stanley Jevons]

Front Matter

Jevons and His Precursors

Ross M. Robertson
p. 229-249

Optimal Inventory Policy

Jacob Marschak, Kenneth J. Arrow, Theodore Harris
p. 250-272

The Coefficient of Resource Utilization

Gerard Debreu
p. 273-292

A Formal Theory of the Employment Relationship

Herbert A. Simon
p. 293-305

A Note on Dynamic Multipliers

Robert Solow
p. 306-316

Note on the Inversion of the Leontief Matrix

Julian L. Holley
p. 317-320

Report of the Chicago Meeting, December 27-30, 1950

p. 321-350

Criticism Invited

Frederick V. Waugh
p. 358-358

Notice of the Louvain Meeting, September 12-14, 1951

p. 359-360

Notice of the Minneapolis Meeting, September 4-7, 1951

p. 359-359

Notice of the Santa Monica Meeting, August 2-4, 1951

p. 359-359

Announcement of Meetings in India and Japan

p. 360-360

Notice of the Boston Meeting, December 27-29, 1951

p. 360-360

Back Matter

Front Matter

Abraham Wald, 1902-1950

Oskar Morgenstern
p. 361-367

Editor's Note

Ragnar Frisch
p. 367-367

On Some Systems of Equations of Mathematical Economics

Abraham Wald
p. 368-403

Alternative Approaches to the Theory of Choice in Risk-Taking Situations

Kenneth J. Arrow
p. 404-437

Estimating Patterns of Savings Behavior from Sample Survey Data

Lawrence R. Klein
p. 438-454

Efficient Allocation of Resources

Tjalling C. Koopmans
p. 455-465

La Demande des Biens Indirects

Rene Roy
p. 466-471

Notice of New Delhi and Patna Meetings, December 10 and 25, 1951

p. 485-485

Notice of the Boston Meeting, December 26-29, 1951

p. 485-486

Notice of Tokyo Meeting

p. 486-486

Statistics on Members and Subscribers

p. 487-489

List of Members of the Econometric Society

p. 490-553

Obituary

p. 553-553

Geographical List of Members and Subscribers

p. 554-573

[Photograph]: Abraham Wald

Back Matter