DIVISION OF THE HUMANITIES AND SOCIAL SCIENCES CALIFORNIA INSTITUTE OF TECHNOLOGY PASADENA, CALIFORNIA 91125 CONTINUOUS-VAUED BINARY DECISION PROCEDURES John A. Ferejohn, David M. Grether, Steven Matthew s, and Edward Packel . ,_"\UTE Of '' ' § : Q ; < '�l1 �¢ SHALL !P. Review of Economic Studies, forthcoming. SOCl.Al SCIENCE WORKING PAPER 214 May 1978 Rev. September 1979 2nd Rev. February 1980