Kornai János: “Understanding the Soft Budget Constraint“, in English. Co-authors: Eric Maskin and Gerard Roland. Journal of Economic Literature, 2003. December No. 61:4. pp. 1095-1136.

DECEMBER 2003 VOLUME XLI NUMBER 4 ARTICLES • János Komái, Eric Maskin, and Gérard Roland Understanding the Soft Budget Constraint Stefan Szymanski The Economic Design of Sporting Contests Which Is the Fairest One of All? A Positive Analysis of Justice Theories James Konow Amartya Sen Sraffa, Wittgenstein, and Gramsci David Laidler Meitzers History of the Federal Reserve also BOOK REVIEWS and NEW BOOK LISTINGS SEE http://www.e-jel.org for Journal Article Indexes

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