Part I: Risk and Markets: Basic Concepts
Introduction to Part I
A. Foundations of Risk
Measuring Risk
1: Joseph E. Stiglitz and Michael Rothschild: Increasing Risk
2: Joseph E. Stiglitz and P. Diamond: Increases in Risk and in Risk Aversion
Risk with more than one commodity
3: Behavior toward Risk With Many Commodities
4: A Consumption Oriented Theory of the Demand for Financial Assets and the Term Structure of Interest Rates
B: Portfolio Theory
5: Joseph E. Stiglitz and D. Cass: The Structure of Investor Preferences and Asset Returns, and Separability in Portfolio Allocation: A Contribution to the Pure Theory of Mutual Funds
6: Joseph E. Stiglitz and D. Cass: Risk Aversion and Wealth Effects on Portfolios with Many Assets
Part II: Management of Risk
Introduction to Part II
A: Trade and Capital Market Liberalization
7: Joseph E. Stiglitz and P. Dasgupta: Tariffs Versus Quotas As Revenue Raising Devices Under Uncertainty
8: Joseph E. Stiglitz: Capital-Market Liberalization, Globalization and the IMF
B: Risk Sharing
9: Joseph E. Stiglitz: Risk and Global Economic Architecture: Why Full Financial Integration May be Undesirable
10: Joseph E. Stiglitz: Contagion, Liberalization, and the Optimal Structure of Globalization
11: Joseph E. Stiglitz, Stefano Battiston, Domenico Delli Gatti, Mauro Gallegati, and Bruce Greenwald: Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk
12: Joseph E. Stiglitz, S. Battiston, D. Delli Gatti, M. Gallegati, and B. Greenwald: Default Cascades: When Does Risk Diversification Increase Stability?
C: Commodity Price Stabilization
13: Joseph E. Stiglitz and D. Newbery: Risk Aversion, Supply Response, and the Optimality of Random Prices: A Diagrammatic Analysis
14: Joseph E. Stiglitz: Optimal Commodity Stock-Piling Rules
D: Schochastic Capital Theory
15: Joseph E. Stiglitz, William A. Brock and Michael Rothschild: Stochastic Capital Theory
Part III: Theory of the Firm
Introduction to Part III
A: Corporate Finance
16: Joseph E. Stiglitz: A Re-Examination of the Modigliani-Miller Theorem
17: Joseph E. Stiglitz: On the Irrelevance of Corporate Financial Policy
B: Alternative Objectives of the Firm
18: Joseph E. Stiglitz and S. Grossman: On Value Maximization and Alternative Objectives of the Firm
19: Joseph E. Stiglitz and S. Grossman: Stockholder Unanimity in the Making of Production and Financial Decisions
20: Joseph E. Stiglitz and B. Greenwald: Asymmetric Information and the New Theory of the Firm: Financial Constraints and Risk Behavior
C: The Implications of Value Maximization
21: Joseph E. Stiglitz: On the Optimality of the Stock Market Allocation of Investment
22: Joseph E. Stiglitz: Some Aspects of the Pure Theory of Corporate Finance: Bankruptcies and Take-Overs
23: Joseph E. Stiglitz: Some Elementary Principles of Bankruptcy
Part IV: Industrial Organization
Introduction to Part IV
A: Monopolistic Competition
24: Joseph E. Stiglitz and A. Dixit: Monopolistic Competition and Optimal Product Diversity
25: Joseph E. Stiglitz: Towards a More General Theory of Monopolistic Competition
B: Potential Competition
26: Joseph E. Stiglitz: Potential Competition May Reduce Welfare
27: Joseph E. Stiglitz: Technological Change, Sunk Costs, and Competition
C: Vertical Constraints
28: Joseph E. Stiglitz and P. Rey: Vertical Restraints and Producers' Competition
29: Joseph E. Stiglitz and P. Rey: The Role of Exclusive Territories in Producers' Competition
Part V: The Economics of Organization
Introduction to Part V
30: Joseph E. Stiglitz and R. Sah: Human Fallibility and Economic Organization
31: Joseph E. Stiglitz and R. Sah: The Architecture of Economic Systems: Hierarchies and Polyarchies
32: Joseph E. Stiglitz and R. Sah: Committees, Hierarchies and Polyarchies
33: Joseph E. Stiglitz and R. Sah: Qualitative Properties of Profit-Maximizing K-out-of-N Systems Subject to Two Kinds of Failure
34: Joseph E. Stiglitz and R. Sah: The Quality of Managers in Centralized Versus Decentralized Organizations
35: Joseph E. Stiglitz: Incentives, Information and Organizational Design
Part VI: Theory of Consumer Behavior
Introduction to Part VI
36: Joseph E. Stiglitz: Toward a General Theory of Consumerism: Reflections on Keynes' Economic Possibilities for Our Grandchildren
37: Joseph E. Stiglitz and K. Hoff: Equilibrium Fictions: A Cognitive Approach to Societal Rigidity
38: Joseph E. Stiglitz and Karla Hoff: Striving for Balance in Economics: Towards a Theory of the Social Determination of Behavior
