Markets, Information and Uncertainty

1. Introduction Graciela Chichilnisky; 2. Information and the organization of industry Kenneth J. Arrow; 3. Existence and optimality of a general equilibrium with endogenous uncertainty Graciela Chichilnisky; 4. Catastrophe futures: financial markets and changing climate risks Graciela Chichilnisky and Geoffrey Heal; 5. Trade and welfare Tito Cordella, Enrico Minelli, and Heracles Polemarchakis; 6. Redistribution a representative democracy and distributive justice Peter Coughlin; 7. The formulation of uncertainty: prices and states Jacques H. Drèze; 8. A remark on incomplete market equilibrium Frank Hahn; 9. History as a widespread externality in some Arrow-Debreu market games Peter J. Hammond; 10. Price and market share dynamics in network industry Geoffrey Heal; 11. Equilibrium market formation causes missing markets Walter P. Heller; 12. Market equilibrium with endogenous price uncertainty and options Peter H. Huang and Ho-Mou Wu; 13. Equilibrium in an economy with information goods Vladimir I. Danilov, Gleb A. Koshevoy and Alexandr I. Sotskov; 14. On the optimal schedule for introducing a new technology, when there is learning-by-doing P. B. Linhart and R. Radner; 15. Moral hazard and independent income in a modern intertemporal-equilibrium model of involuntary unemployment and mandatory retirement Edmund S. Phelps; 16. Exchange in a network of trading posts Ross M. Starr and Maxwell B. Stinchcombe; 17. On population externalities and the social rate of discount David A. Starrett; 18. Towards a general theory of social overhead capital Hirofumi Uzawa.