In this paper we investigate the factors contributing to the fall in the Lerner Index (price-cost margin) in the British electricity market during the 90s. A first stage of our analysis models the number of breaks in the Lerner Index and their dating as unknowns. Our results suggest the existence of one structural break in the time series of the Lerner Index. The break point interval includes t...

The article "Money, Prices and Wages in the Confederacy, 1861-65" by Eugene Lerner (Lerner 1955) initiated a debate in which Lerner described the increasing inflation in the Confederacy over the course of the Civil War, and analyzed its reasons, attributing it to the increase in the stock of paper money over the duration of the war. This stock kept rising (Lerner 1955, p. 20, Table 1) because o...

A special session entitled “Future Directions In Artificial Intelligence” was held at the National Conference on Artificial Intelligence in Washington, D.C. in August. The session, chaired by Jack Minker, was held to honor Soviet cyberneticist Alexander Yankelovich Lerner’s seventieth birthday. Minker described Dr. Lerner’s contributions to science. Participants Saul Amarel, Nils Nilsson, John ...

Lerner, called “The Bunsen Burner” by his high school classmates, was a scientist’s scientist. Born in 1921, he later took Bunsen as his middle name. He earned his M.D. and Ph.D. degrees from the University of Minnesota, both in 1945. In 1952, he moved to Oregon with his friend and colleague Thomas B. Fitzpatrick, who was the newly appointed head of the University of Oregon Medical School’s Div...