Abstract
Using an ND-type ansatz, a modified dispersion relation for the partial-wave amplitudes is derived. The equations, if applied to the first resonance in pion photoproduction, allow a fairly complete incorporation of our phenomenological knowledge of the pion-nucleon final state together with a systematic treatment and estimate of the terms to be neglected in practice. Various possibilities of including unknown or uncertain high-energy contributions are discussed and applied. Explicit results for the multipoles E1+32, M1+32 are presented.