Economic Models, Estimation and Risk Programming: Essays in Honor of Gerhard Tintner : Essays in Honor of Gerhard Tintner

These essays in honor of Professor Gerhard Tintner are substantive contributions to three areas of econometrics, (1) economic models and applications,. (2) estimation, and (3) stochastic programming, in each of which he has labored with outstanding success. His own work has extended into multivariate analysis, the pure theory of decision-making under un­ certainty, and other fields which are not touched upon here for reasons of space and focus. Thus, this collection is appropriate to his interests but covers much less than their full range. Professor Tintner's contributions to econometrics through teaching, writing, editing, lecturing and consulting have been varied and inter­ national. We have tried to highlight them in "The Econometric Work of Gerhard Tintner" and to place them in historical perspective in "The Invisible Revolution in Economics: Emergence of a Mathematical Science. " Professor Tintner's career to date has spanned the organizational life of the Econometric Society and his contributions have been nearly coextensive with its scope. His principal books and articles up to 1968 are listed in the "Selected Bibliography. " Professor Tintner's current research involves the intricate problems of specification and application of stochastic processes to economic systems, particularly to growth, diffusion of technology, and optimal control. As always, he is moving with the econometric frontier and a portion of the frontier is moving with him. IV Two of the editors wrote dissertations under Professor Tintner's sup- vision; the third knew him as a colleague and friend. Front Matter....Pages N1-VIII Front Matter....Pages 1-1 The Invisible Revolution in Economics: Emergence of a Mathematical Science....Pages 2-19 The Econometric Work of Gerhard Tintner....Pages 20-33 Front Matter....Pages 34-34 The Demand for Capital Services....Pages 35-57 The Competitive Equilibrium: A Qualitative Analysis....Pages 58-85 Stability of Absolute Prices in a Walrasian System....Pages 86-91 Revealed Preference: Equivalence Theorem and Indiced Preorder....Pages 92-109 Objectives, Constraints, and Outcomes in Optimal Growth Models....Pages 110-132 The Theory of the Optimum Regime....Pages 133-189 Application of Linear and Nonlinear Programming Models in Specifying Land Use, Spatial Equilibrium and Prices for Agriculture....Pages 190-222 Estimating the Effects of Institutional and Technological Changes Upon Agricultural Development: A Comparison of Multiple Regression and Programming Approaches....Pages 223-260 Thirty-Three Supply Curves of Three-Month Loans....Pages 261-275 Front Matter....Pages 276-276 Regression and Projection....Pages 277-301 The Use of Prior Information in Regression Analysis....Pages 302-324 E. P. Mackeprang’s Question Concerning the Choice of Regression a Key Problem in the Evolution of Econometrics....Pages 325-341 On the Possibility of the General Linear Economic Model....Pages 342-364 On the Aggregation Problem: A New Approach to a Troublesome Problem....Pages 365-374 Some Properties of Estimators Occuring in the Theory of Linear Stochastic Process....Pages 375-389 Front Matter....Pages 390-390 Distribution Problems in Stochastic and Chance-Constrained Programming....Pages 391-424 Deterministic Equivalents for Optimizing and Satisficing under Chance Constraints....Pages 425-455 Back Matter....Pages 456-463 These essays in honor of Professor Gerhard Tintner are substantive contributions to three areas of econometrics, (1) economic models and applications, . (2) estimation, and (3) stochastic programming, in each of which he has labored with outstanding success. His own work has extended into multivariate analysis, the pure theory of decision-making under unƯ certainty, and other fields which are not touched upon here for reasons of space and focus. Thus, this collection is appropriate to his interests but covers much less than their full range. Professor Tintner's contributions to econometrics through teaching, writing, editing, lecturing and consulting have been varied and interƯ national. We have tried to highlight them in "The Econometric Work of Gerhard Tintner" and to place them in historical perspective in "The Invisible Revolution in Economics: Emergence of a Mathematical Science." Professor Tintner's career to date has spanned the organizational life of the Econometric Society and his contributions have been nearly coextensive with its scope. His principal books and articles up to 1968 are listed in the "Selected Bibliography." Professor Tintner's current research involves the intricate problems of specification and application of stochastic processes to economic systems, particularly to growth, diffusion of technology, and optimal control. As always, he is moving with the econometric frontier and a portion of the frontier is moving with him. IV Two of the editors wrote dissertations under Professor Tintner's sup- vision; the third knew him as a colleague and friend