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JACOB MARSCHAK Economics of information systems 32
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allocation alternative analysis applied assumed assumption average behavior binary Brookings Model cash food choice coefficients commodity concentration concentration ratios convex function costs crop decision decision problems demand distribution econometric models Econometrica economic history economists effect efficient markets model empirical equations error estimation evaluation expected return fair game Fama firms Fogel forecasting function given groundnuts growth Herfindahl index hypothesis imply important income individual industries inference interest investment Journal Klein likelihood function linear matrix methods monetary Naylor nonlinear observations optimal output paper parameters Pareto-efficient period posterior probability prediction preferences price changes prior probability problem procedure production profits question random walk ratio regression relationships relevant residuals Review sample serial correlations simulation experiments simultaneous equation social social welfare function solution specific statistical stochastic stock splits structure studies sub-region techniques tests Theorem theory transaction utility variables zero