Kornai János: “Two-Level Planning“, co-author: Tamás Lipták. Econometrica, Jan. 1965, Vol. 33, No. 1, pp. 141-169.

ECONOMETRICA Published quarterly at the North-Holland Publishing Company P.O. Box 103, Amsterdam-C, the Netherlands by the Econometric Society, Yale University New Haven, Connecticut, U.S.A. EDITORIAL BOARD: Ragnar Frisch, University of Oslo, Chairman-, Maurice Allais, Ecole Nationale Supérieure des Mines de Paris; Milton Friedman, University of Chicago; Tjalling C. Koopmans, Cowles Foundation for Research in Economies at Yale; Wassily Leontief, Harvard University; J. R. N. Stone, University of Cambridge. MANAGING EDITOR CO-EDITOR Robert H. Strotz Department of Economics Northwestern University Evanston, Illinois, U.S.A. Jacques Drèze Centre de Recherches Economiques Université de Louvain 2B rue E. Van Even Louvain, Belgium BUSINESS MANAGER: Richard Ruggles, Professor of Economies, Yale University, New Haven, Connecticut, U.S.A. ASSOCIATE EDITORS: John S. Chipman, University of Minnesota; Nicholas Geor­­gescu-Roegen, Vanderbilt University; W. M. Gorman, Oxford University; Leif Johansen, University of Oslo; Lawrence R. Klein, University of Pennsylvania; Hans Jacob A. Kreyberg, Norges Tekniske Högskole, Trondheim; Edmond Malinvaud, Institut National de la Statistique et des Etudes Economiques; Michio Morishima, Osaka University; Roy Radner, University of California, Berkeley ; John D. Sargan, London School of Economies ; Herbert Scarf, Yale University; Herbert A. Simon, Carnegie Institute of Technology; Robert Solow, Massachusetts Institute of Technology; H. Theil, Netherlands School of Economies; J. Tinbergen, Netherlands School of Economics; Gerhard Tintner, University of Southern California; Herman O. A. Wold, University of Uppsala; Arnold Zellner, University of Wisconsin. BOOK REVIEW EDITOR: Gerhard Tintner, University of Southern California. EDITORIAL SECRETARY: Claire Towler. Business Office of Econometrica, Box 1264, Yale Station, New Haven, Connecticut, U.S.A. Communications on editorial matters should be addressed to the managing editor, Professor Robert H. Strotz, Editorial Office of Econometrica, Department of Econo­mics, Northwestern University, Evanston, Illinois, U.S.A. The Econometric Society is not responsible for theories and opinions published in Econometrica. The authors assume sole responsibility. Subscription price for nonmembers: $16.00 per year in the United States and Canada; $14.00 per year in all other countries. Single copies, $5.00. Graduate students recommended by a faculty member: $3.00 per year. Copyright 1965 by the Econometric Society.

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