Existence of Reduction Hierarchies ---------------------------------- In the automata-theoretic approach to verification, we model programs and specifications by automata on infinite words. Correctness of a program with respect to a specification can then be reduced to the {\em language-containment} problem. In a concurrent setting, the program is typically a parallel composition of many coordinating processes, and the language-containment problem that corresponds to verification is (*) {\cal L}(P_1) \cap {\cal L}(P_2) \cap \cdots \cap {\cal L}(P_n) \subseteq {\cal L}(T) where $P_1,P_2,\ldots,P_n$ are automata that model the underlying coordinating processes, and $T$ is the task they should perform. In 1994, Kurshan suggested the heuristic of Reduction Hierarchies for circumventing the exponential blow-up introduced by conventional methods that solve the problem (*). In the reduction-hierarchy heuristic, we solve the problem (*) by solving a sequence of easier problems, which involve only automata of tractable sizes. Complexity-theoretic conjectures (NP $\neq$ PSPACE) imply that there are settings in which the heuristic cannot circumvent the exponential blow-up. In this paper, we demonstrate the strength of the heuristic, study its properties, characterize settings in which it performs effectively, and suggest a method for searching for reduction hierarchies. In particular, we prove, independently of the NP $\neq$ PSPACE question, that reduction hierarchies of tractable sizes do not always exist.