1. The scope for collusion under fractional defections

   • Dick Damania

   Articles Pages: 1 - 21

2. On the optimal exploitation of interacting resources

   • Willi Semmler
   • Malte Sieveking

   Articles Pages: 23 - 49

3. Optimal hedging with currency forwards, calls, and calls on forwards for the competitive exporting firm facing exchange rate uncertainty

   • Frank B. Lehrbass

   Articles Pages: 51 - 70

4. Limit orders, asymmetric information, and the formation of asset prices with a computerized specialist

   • Michael R. Baye
   • Ann Gillette
   • Casper G. de Vries

   Articles Pages: 71 - 96

5. The non-substitution theorem: Making good a lacuna

   • Heinz D. Kurz
   • Neri Salvadori

   Miscellany Pages: 97 - 103

6. Book reviews

   • Helena E. Nusse
   • P. Schönfeld
   • D. W. Pearce

   BookReview Pages: 105 - 132