Title: On minimum average conditional variance method to dimension reduction in regression. by Howell Tong, London School of Economics and the University of Hong Kong Abstract: We discuss the recently introduced minimum average conditional variance (MAVE) method to dimension reduction in regression within a semi-parametric setting. Without any undersmoothing of the nonparametric estimator of the link function, the MAVE method achieves a faster rate of convergence for the estimator of the parameters. The MAVE method leads to a consistent estimation of the dimension of the effective dimension reduction space.