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- All HBS Web
(120,206)
- Faculty Publications (2,004)
- 1977
- Working Paper
Mitigating Demographic Risk Through Social Insurance
By: Jerry R. Green
A two-period lifetime overlapping generations growth model is used to evaluate the possibility that social insurance can effectively offset economic risks associated with uncertainty about the rate of population growth. Crude measures of the seriousness of this type of... View Details
Keywords: Social Insurance; Econometric Models; Public Sector; Government Administration; Policy; Human Needs; Social Issues; Risk and Uncertainty
Green, Jerry R. "Mitigating Demographic Risk Through Social Insurance." NBER Working Paper Series, No. 215, November 1977.
- Article
The Nonexistence of Informational Equilibria
By: Jerry R. Green
Green, Jerry R. "The Nonexistence of Informational Equilibria." Review of Economic Studies 44, no. 3 (October 1977): 451–463.
- Article
Budget Displacement Effects of Inflationary Finance
By: Jerry R. Green and Eytan Sheshinski
Green, Jerry R., and Eytan Sheshinski. "Budget Displacement Effects of Inflationary Finance." American Economic Review 67, no. 4 (September 1977): 671–682.
- Article
On the Revelation of Preferences for Public Goods
By: Jerry R. Green and Jean-Jacques Laffont
Green, Jerry R., and Jean-Jacques Laffont. "On the Revelation of Preferences for Public Goods." Journal of Public Economics 8, no. 1 (August 1977): 79–93.
- Article
Imperfect Personal Information and the Demand Revealing Process: A Sampling Approach
By: Jerry R. Green and Jean-Jacques Laffont
Green, Jerry R., and Jean-Jacques Laffont. "Imperfect Personal Information and the Demand Revealing Process: A Sampling Approach." Special Issue on The Demand-Revealing Process. Public Choice 29, Suppl. (Spring 1977): 79–94.
- Article
Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods
By: Jerry R. Green and Jean-Jacques Laffont
Social decision mechanisms that admit dominant strategies and result in Pareto optima are characterized by the class of mechanisms proposed by Groves. The concept of decision mechanisms is generalized and the characterization is shown to extend to these cases. View Details
Green, Jerry R., and Jean-Jacques Laffont. "Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods." Econometrica 45, no. 2 (March 1977): 427–438.
- 1977
- Chapter
Cost Benefit Analysis of Surgery: Some Additional Caveats and Interpretation
By: Jerry R. Green
Green, Jerry R. "Cost Benefit Analysis of Surgery: Some Additional Caveats and Interpretation." In Costs, Risks and Benefits of Surgery, edited by J. Bunker, B. Barnes, and F. Mosteller. New York: Oxford University Press, 1977.
- 1977
- Chapter
On the Economics of Information with Incomplete Markets
By: Jerry R. Green
"On the Economics of Information with Incomplete Markets." In Systèmes dynamiques et modèles économiques. Vol. 259, edited by Gérard Fuchs and Bertrand Munier. Colloques internationaux du Centre national de la recherche scientifique. Éditions du Centre national de la recherche scientifique, 1977, French ed.
- Article
Révélation des préferences pour les biens publics: Caractérisation des mécanismes satisfaisants
By: Jerry R. Green and Jean-Jacques Laffont
Green, Jerry R., and Jean-Jacques Laffont. "Révélation des préferences pour les biens publics: Caractérisation des mécanismes satisfaisants." Cahiers du Séminaire d'économétrie, no. 19 (1977): 83–103.
- 01 Jan 1977
- Conference Presentation
Short Term Natural Gas Consumption Forecasts: Optimal Use of National Weather Service Data
By: James K. Sebenius and Richard Lehman
- November 1976
- Article
Partial Equilibrium Approach to the Free-Rider Problem
By: Jerry R. Green, Elon Kohlberg and Jean-Jacques Laffont
Groves and others have shown that truthful answers concerning preferences for public goods can be elicited as dominant strategies if appropriate tax-subsidies rules are applied. This paper studies the statistical properties of the total revenues generated by one of the... View Details
Keywords: Problems and Challenges
Green, Jerry R., Elon Kohlberg, and Jean-Jacques Laffont. "Partial Equilibrium Approach to the Free-Rider Problem." Journal of Public Economics 6, no. 4 (November 1976): 375–394.
- Article
A Brief Note on the Efficiency of Equilibria with Costly Transactions
By: Jerry R. Green and Heraklis Polemarchakis
Green, Jerry R., and Heraklis Polemarchakis. "A Brief Note on the Efficiency of Equilibria with Costly Transactions." Review of Economic Studies 43, no. 3 (October 1976): 537–542.
- Article
On the Optimal Structure of Liability Laws
By: Jerry R. Green
We consider the control of tvo-party accidents through the use of liability rules that assign damages according to whether or not predetermined standards for care have been met. Particular emphasis is given to how the differential in the costs of accident avoidance... View Details
Green, Jerry R. "On the Optimal Structure of Liability Laws." Bell Journal of Economics 7, no. 2 (Fall 1976): 553–574.
- Article
Direct vs. Indirect Remedies for Externalities
By: Jerry R. Green and Eytan Sheshinski
Green, Jerry R., and Eytan Sheshinski. "Direct vs. Indirect Remedies for Externalities." Journal of Political Economy 84, no. 4 pt. 1 (1976): 797–808.
- 1975
- Working Paper
Information, Efficiency and Equilibrium
By: Jerry R. Green
When economic agents receive information over time concerning future events it is likely that prices for commodities whose value is influenced by these events will fluctuate in response to changes in the state of knowledge. If such events occur periodically,... View Details
Green, Jerry R. "Information, Efficiency and Equilibrium." Harvard Institute of Economic Research Discussion Paper, No. 284, December 1975.
- 1975
- Chapter
Planned Reduction in Electrical Energy Use in Nashville: A Preliminary Assessment
By: J. K. Sebenius and B. D. Lichter
- Article
The Nature of Stochastic Equilibria
By: Jerry R. Green and Mukul Majumdar
This paper formulates the notion of stochastic equilibria as invariant probability distributions consistent with the behavior patterns of individuals and the disequilibrium adjustment mechanism of the economy. Conditions for existence, uniqueness, and stability of such... View Details
Green, Jerry R., and Mukul Majumdar. "The Nature of Stochastic Equilibria." Econometrica 43, no. 4 (July 1975): 647–660.
- Article
Competitive Inefficiencies in the Presence of Constrained Transactions
By: Jerry R. Green and Eytan Sheshinski
Green, Jerry R., and Eytan Sheshinski. "Competitive Inefficiencies in the Presence of Constrained Transactions." Journal of Economic Theory 10, no. 3 (June 1975): 343–357.
- Article
A Note on the Progressivity of Optimal Public Expenditures
By: Jerry R. Green and Eytan Sheshinski
Green, Jerry R., and Eytan Sheshinski. "A Note on the Progressivity of Optimal Public Expenditures." Quarterly Journal of Economics 89, no. 1 (February 1975): 138–144.