Table of Contents

1. Bayes and Minimax Solutions of Sequential Decision Problems 2. Admissible Points of Convex Sets 3. Statistics and Economic Policy 4. Decision Theory and Operations Research 5. Decision Theory and the Choice of a Level of Significance for the t-Test 6. Insurance, Risk, and Resource Allocation 7. Statistical Requirements for Greek Economic Planning 8. The Economics of Moral Hazard: Further Comment 9. The Value of and Demand for Information 10. Higher Education as a Filter 11. Information and Economic Behavior 12. Limited Knowledge and Economic Analysis 13. On the Agenda of Organizations 14. Vertical Integration and Communication 15. Risk Allocation and Information: Some Recent Theoretical Developments 16. The Property Rights Doctrine and Demand Revelation under Incomplete Information 17. Allocation of Resources in Large Teams 18. On Partitioning a Sample with Binary-Type Questions in Lieu of Collecting Observations Index

About the Author

A past president of the American Economic Association, Kenneth J. Arrow was awarded the Nobel Memorial Prize in Economic Science in 1972.