Economic Theory, Dynamics and Markets : Essays in Honor of Ryuzo Sato

1 One Way to Measure How Much Second Best “Second Best” Is -- 2 The Marshallian Macroeconomic Model -- 3 Production Theory as a Part of a Dynamic General Disequilibrium System -- 4 Kinds of Theory -- 5 Maximality, Optimality, and Duality: A Synthesis of Some Recent Results -- 6 FIML Estimation of Sample Selection Models for Count Data -- 7 Long-Run Rigidity in Labor Markets -- 8 Incomplete Contracts in Public Procurement -- 9 Non-Stationary Intergenerational Altruism -- 10 The Speed of Adjustment -- 11 Interactions in the Growth of Science and the Economy -- 12 Conservation Laws and Optimal Paths in External Two Sector Growth Model -- 13 Nonlinearity, Chaos, and Bifurcation: A Competition and an Experiment -- 14 Capital Depreciation, Indeterminacy and Cycles in Two-Sector Economies -- 15 Environmental Externalities, Abatement Behavior and Pigovian Taxes -- 16 Optimal Defense Spending -- 17 The Dynamic Gains from Trade Liberalization with Product Variety: Summary of Results -- 18 Monetary Expansion and Converging Speed in a Growing Economy -- 19 Analytical Afterthoughts on the Asian Crisis -- 20 The Impact of Mergers on U.S. Bank Performance -- 21 A Simple Model of Foreign Exchange Exposure -- 22 The International Linkage of Interest Rate Swap Spreads: The Yen-Dollar Markets -- 23 Inflation, Financial Development and Growth -- 24 Stochastic Inter-Temporal Optimization in Discrete Time -- 25 Fluctuation of Exchange Rates, Foreign Direct Investment, and Hollowing Phenomenon -- 26 Alfred Marshall in Hitotsubashi -- 27 Endogenous Technology Transfer: What is the Right Price? -- 28 Investment for Survival -- 29 Characterizing an Area Condition Associated with Minimizing Systems -- 30 Access Pricing in Regulated Industries -- 31 Equilibrium Locations: Product Cost Differentials and the Market Size -- 32 Indeterminate Output Allocations -- 33 Divisional Rivalry and First-Mover Disadvantages -- 34 Symmetry and the Theory of the Firm -- 35 Reflections on Japanese Political Economy -- 36 “Reversed Investment Cycles” Between Japan and United States in the Half Century -- 37 The Rising Sun and the Stumbling Bear: The Motality Consequences of Economic Well-Being -- 38 Financial Systems and Economic Modernization: A New Historical Perspective? -- 39 The Young Professor -- 40 Japanese Economics: An Appraisal -- 41 Rethinking Development in an Interdependent World -- 42 Unfinished Business: Symmetry and Moral Behavior -- Section VI: Felicitation of Professor Sato at the Berkshires Conference, September 9, 2000 -- Section VII: Professor Sato’s Curriculum Vitae.