00100	\output{\vbox to 22.86cm{\baselineskip0pt\lineskip0pt
00200	    \vskip 1.46cm\hbox to 16.61cm{\hfill \page \hfill}\vfill}}
00300	\ctrline{\bf BIBLIOGRAPHY}
00400	\vskip .7cm
00500	\def\entry#1{\par\yyskip\noindent\hangindent 25pt
00600	                 \hbox to 25pt{\hfill (\count3)\hskip 8pt}\advcount3
00700	                                                               #1\par} 
00800	\setcount3 1
00900	\jpar 100
01000	\entry{Amershi, A. H. and J. E. Butterworth, {\it Pareto and Core
01100	Syndicates:  Risk Sharing in Perspective}, unpublished working paper,
01200	Graduate School of Business, Stanford University (1981).}
01300	\entry{Arrow, K. J., {\it The Role of Securities in the Optimal
01400	Allocation of Risk Bearing}, {\bf Colloques Internationaux du
01500	Centre National de la Recherche Scientifique,} {vol. XL}, (1953)
01600	{pp.\ 41--49.} 
01700	\entry{Brenan, M. and A. Kraus, {\it Necessary Conditions for
01800	Aggregation in Securities Markets}, {\bf Journal of
01900	Financial and Quantitative Analysis,} {vol. 13} (1978) {pp.\ 407--418.}}
02000	\entry{Borch, K., {\it Equilibrium in a Reinsurance Market}, {\bf
02100	Econometrica,} {vol. 30} (1962) {pp.\ 424--444.}}
02200	\entry{Ekern, S. and R. Wilson, {\it On the Theory of the Firm in an
02300	Economy with Incomplete Markets}, {\bf Bell Journal of Economics,}
02400	{vol. 5} (1974) {pp.\ 171--180.}}
02500	\entry{Kobayashi, T., {\it Efficiency, Equilibrium, and a Theory of
02600	Syndicates with Differential Information}, unpublished Ph.D.
02700	dissertation, Graduate School of Business, Stanford University
02800	(1977).}
02900	\entry{Krantz, D., R. Luce, P. Suppes and A. Tversky, {\bf Foundations
03000	of Measurement,} {vol. 1} (New York: Academic Press, 1971).}
03100	\entry{Mossin, J., {\bf Theory of Financial Markets,} (New York:
03200	Prentice Hall, 1973).}
03300	\entry{Rosing, J., {\it The Formation of Groups for Cooperative
03400	Decision-Making Under Uncertainty}, {\bf Econometrica,} {vol. 38}
03500	(1970) {pp.\ 430--448.}}
03600	\entry{Royden, H., {\bf Real Analysis,} 2nd ed. (New York: The
03700	MacMillan Co., 1968).}
03800	\entry{Rubinstein, M., {\it An Aggregation Theorem for Securities
03900	Markets}, {\bf Journal of Financial Economics,} {vol. 1} (1974) pp.
04000	225--244.}}
04100	\entry{Wallace, D. L., {\it An Analysis of Some Problems in
04200	Risk-Sharing and Group Decision Theory}, unpublished Ph.D.
04300	dissertation, Graduate School of Business, Harvard University (1974).}
04400	\entry{Wilson, R. B., {\it The Theory of Syndicates}, {\bf
04500	Econometrica,} {vol. 36} (1968) {pp.\ 119--132.}}
04600	\vfill