Will Peters, David Currie, David Peel

• List of Contributors; Executive Committee of the Association of University Teachers of Economics; Editors’ Introduction; The Harry Johnson Memorial Lectures; 1. An Equilibrium Theory of the Distribution of Income and Intergenerational Mobility Gary S. Becker 2. Application of the Theory of Superfairness William J. Baumol; 3. Contract Theory, Temporary Layoffs and Unemployment: A Critical Assessment Christopher A. Pissarides Discussion: John D. Hey 4. Dominant Firm Models of Resource Depletion A.M. Ulph and G.M. Folie Discussion David M.G. Newbery 5. Property and Commodity Taxes and Under-Provision in the Public Sector N. Topham Discussion: J. Mirrlees 6. Life Insurance and Asset holding in the United Kingdom A.F. Shorrocks Discussion: D.M.W.N. Hitchens 7. Unemployment Equilibrium when Production is a Function of Average Hours and Number of Workers P. Madden Discussion: David Ulph 8. Goodwill — Investment in the Intangible John D. Hey Discussion: Ivy Papps 9. The Value of Non-Marginal Changes in Physical Risk M. Jones-Lee Discussion: Clive D. Fraser 10. Price-Cost Margins, Market Structure and International Trade Bruce Lyons Discussion: B.J. Loasby 11. On the Nature of Industrial Market Power in the U.K. Tim Hazeldine Discussion: P.A. Geroski 12. Factors Affecting the Growth of the Firm — Theory and Practice Aubrey Silbertson Discussion: Richard Allard 13. The Causes of Shift working in Great Britain D. Bosworth, P. Dawkins and T. Westway Discussion: D.G. Leslie 14. Short Run Growth Effects in a Model of Costly Migration with Borrowing Constraints: Will Rural Development Work? S.M. Kanbur 15. Estimation of Cross Section Production Functions Under Structural Change in Indian Agriculture A. Parikh and P.K. Trivedi Discussion: P.N. Junankar 16. Third world Industrialisation and the Structure of the World Economy Ajit Singh