Journal of Law and Economics


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Journal of Law and Economics  


[ 26(1) | 26(2) | 26(3) | 27(1) | 27(2) | 28(1) | 28(2) | 28(3) | 29(1) | 29(2) | 30(1) | 30(2) ]  

Volume 26(1)


On the Resignation of Ronald H. Coase

iii


The Contractual Nature of the Firm

S. N. S. Cheung

1


Antitrust and the Economics of Federalism

F. H. Easterbrook

23


A Reexamination of delivered Pricing Systems

D. W. Carlton

51


Rent Seeking, Noncompensated Transfers, and Laws of Succession

J. M. Buchanan

71


Foreign Competition in Antitrust Law

J. J. Leitzinger and K. L. Tamor

87


Institutional Structures, Regulation, and Producer Gains in the Education Industry

E. F. Toma

103


The Enforceability of Security Interest in Consumer Goods

A. Schwartz

117


The Fire of Truth: A Remembrance of Law and Economics at Chicago, 1932-1970

E. W. Kitch (Editor)

163


 


Volume 26(2)


Introduction

T. G. Moore

235


The Literature of Economics: The Case of Berle and Means

G. J. Stigler and C. Friedland

237


Comment on Stigler and Friedland: ÑThe Literature of Economics: The Case of Berle and Meansæ

D. C. North

269


Comments on Robert Hessen, ÑThe Modern Corporation and Private Property: A ÑReappraisalæ

G. C. Means

297


Separation of Ownership and Control

E. F. Fama and M. C. Jensen

301


Agency Problems and Residual Claims

E. F. Fama and M. C. Jensen

327


Organization Form, Residual Claimants, and Corporate Control

O. E. Williamson

351


Contracting Costs and Residual Claims: The Separation of Ownership and Control

B. Klein

367


The Structure of Ownership and the Theory of the Firm

H. Demsetz

375


Comments on the Structure of Ownership and the Theory of the Firm

R. Ricardo-Campbell

391


Voting in Corporate Law

F. H. Easterbrook and D. R. Fischel

395


The Extent and Effects of Aggregate Concentration

L. W. Weiss

429


Professor Weiss on Concentration

J. S. McGee

457


Corporate Power in the Marketplace

G. C. Means

467


Administered Prices Fifty Years Later: A Comment on Gardiner C. Means: Corporate Power in the Marketplace

C. Y. Baldwin

487


 


Volume 26(3)


The Economics of block Booking

R. W. Kenney and B. Klein

497


Bank Interchange of Transactional Paper: Legal and Economic Perspectives

W. F. Baxter

541


Torts in which Victim and Injurer Act Sequentially

S. Shavell

589


Agency Problems, Auditing, and the theory of the Firm: Some Evidence

R. L. Watts and J. L. Zimmerman

613


Daily Newspaper Advertising Rates, Local Media Cross-Ownership, Newspaper Chains, and Media Competition

J. M. Ferguson

635


The Differential Impact of Airline Regulation on Individual Firms and Markets: An Empirical analysis

P. T. Spiller

655


Reliance, Reputation, and Breach of Contract

L. A. Kornhauser

691


Much Ado about Davis-Bacon: A Critical Review and New Evidence

S. G. Allen

707


 


Volume 27(1)


The Effect of Environmental Regulation on Optimal Plant Size and Factor shares

B. Peter Pashigian

1


Environmental Pollution: Modeling Occurrence, Detection, and Deterrence

D. Epple and M. Visscher

29


Experience Rating of Unemployment Insurance and the Incidence of Unemployment

R. H. Topel

61


Natural Monopoly and Contested Markets: Some Experimental Results

D. Coursey, R. Mark Isaac and V. L. Smith

91


The Frequency and Severity of Medical Malpractice Claims

P. Danzon

115


Externalities in Automobile Insurance and the Underinsured Driver Problem

W. R. Keeton and E. Kwerel

149


Constituent Interest and Congressional Voting

S. Peltzman

181


An Analysis of the Effect of State Acquisition Laws on Managerial Efficiency: The Case of the Bank Holding Company Acquisitions

C. James

211


The beneficiaries of Trucking Regulation, Revisited

M. Kim

227


 


Volume 27(2)


Winners and Losers under the Robinson-Patman Act

T. W. Ross

243


Change at the Exchange: The Causes and Effects of Deregulation

G. A. Jarrell

273


The Effects of Different Contractual Arrangements: The Case of Retail Gasoline Markets

J. M. Barron and J. R. Umbeck

313


Economic Regulation, Competitive Governments, and Specialized Resources

M. T. Maloney, R. E. McCormick and R. D. Tollison

329


Cumulative Voting: The Value of Minority Shareholder Voting Rights

S. Bhagat and J. A. Brickley

339


Going Private: Minority Freezeouts and Stockholder Wealth

H. Deangelo, LK. Deangelo and E. M. Rice

367


The Organization of Production: Evidence from the aerospace Industry

S. E. Masten

403


Personal Failures and the Bankruptcy Reform Act of 1978

L. Shepard

419


 


Volume 28(1)


Direct and Indirect Effects of Regulation: A New Look at OSHAºs Impact

A. P. Bartel and L. G. Thomas

1


Recipient Preferences and the Design of Government Transfer Programs

R. D. Roberts

27


Retail Price Controls in the Dairy Industry: A Political coalition Argument

R. N. Johnson

55


Did Antitrust Policy Cause the Great Merger Wave?

G. Bittlingmayer

77


Antimerger Policy under the Hart-Scott-Rodino Act: A Reexamination of the Market Power Hypothesis

B. E. Eckbo and P. Wier

119


The Wealth Effects of Litigation by Targets: Do Interests Diverge in a Merge?

G. A. Jarrell

151


The Role of Corporate Law in the Theory of the Firm

B. D. Baysinger and H. N. Butler

179


the Measurement of Monopoly Power in Dynamic Markets

R. S. Pindyck

193

Market Structure, Innovation, and Optimal Patent Life

L. M. Debrock

223


 


Volume 28(2)


Introduction

T. G. Moore

245


Use of Antitrust to Subvert Competition

W. J. Baumol and J. A. Ordover

247


Comments on Baumol and Ordover

J. C. Miller III

267


Cooperation, Competition, and Efficiency

L. G. Telser

271


Reducing Unionsº Monopoly Power: costs and Benefits

R. H. Lande and r. O. Zerbe, Jr.

297


Antitrust for High-Technology Industries: Assessing Research Joint Ventures and Mergers and J. A. Ordover

R. D. Willig

311


Comments

W. J. Liebeler

335


The Law and Economics of Franchise Tying Contracts

B. Klein and L. F. Saft

345


The Welfare effects of Resale Price Maintenance

H. P. Marvel and S. McCafferty

363


Toward a Reasonable Rule of Reason: Comments

K. Leffler

381


The Functions, Allocative Efficiency, and Legality of Tie-ins: A Comment

R. S. Markovitz

387


Private Antitrust Enforcement: The New Learning

W. Breit and K. G. Elzinga

405


Detrebling Antitrust Damages

F. H. Easterbrook

445


Efficient Assignment of Rights to Sue for Antitrust Damages

E. A. Snyder

469


Comment on Antitrust Remedies

L. B. Peterson

483


Comments on Easterbrook and Snyder

P. T. Spiller

489


Predation: The Changing View in Economics and the Law

J. C. Miller III and P. Pautler

495


 


Volume 28(3)


The Economics of Franchise Contracts

G. F. Mathewson and R. A. Winter

503


Consumer Behavior and the Safety Effects of Product Safety Regulation

W. K. Viscusi

527


The Extent of the Market

G. J. Stigler and R. A. Sherwin

555


Uncertainty over Causation and the Determination of Civil Liability

S. Shavell

587


The Economic Function of Underfunded Pension Plans

R. A. Ippolito

611


Experimental Evaluation of the Coase Theorem

G. W. Harrison and M. McKee

653


Regulation and Systematic Risk: The Case of Electric Utilities

S. W. Norton

671


Industry Structure and Redistribution through Trade Restrictions

P. E. Godek

687


 


Volume 29(1)


U.S. Airline Deregulation: Its Effects on Passengers, Capital, and Labor

T. G. Moore

1


The Economic Consequences of the OSHA Cotton Dust Standards: An Analysis of Stock Price Behavior

J. S. Hughes, W. A. Magat and W. E. Ricks

29


Implicit Labor Contracts and Public Choice: A General Equilibrium Approach

L. Dudley

61


Cartelization of the California-Arizona Orange Industry, 1934-1981

L. Shepard

83


Store Wars: The Chain Tax Movement

T. W. Ross

125


Some Effects of the Bankruptcy Reform Act of 1978

W. J. Boyles and R. L. Faith

139


The Price of Negligence under differing Liability Rules

D. Wittman

151


The Effect of Commercial Practice Restrictions: The Case of Optometry

D. Haas-Wilson

165


The Differential Effect of Regulation across Plant Size: comment on Pashigian

D. W. Evans

187


Reply to Evans

B. P. Pashigian

201


 


Volume 29(2)


Counterfeit Goods

R. S. Higgins and P. H. Rubin

211


The Effect of Government Policy Changes on the Supply of Physicians: Expansion of a Competitive Fringe

M. Noether

231


A Study of Signaling Behavior in Occupational Disease Claims

M. Staten and J. Umbeck

263


Why Did States Enact Hospital Rate-Setting Laws?

K. R. Cone and D. Dranove

287


Optimal Tenure of Elected Public Officials

J. D. Adams and L. W. Keny

303


The Costs of Workersº Compensation Insurance: Private versus Public

R. J. Butler and J. D. Worrall

329


Benefits and Costs of Legal Restrictions on Personal Loan Markets

J. R. Barth, J. J. Cordes and A. M. J. Yezer

357


Internal Regulation: The Effects of Government Ownership on the Value of the Firm

C. C. Eckel and T. Vermaelen

381


Televising Legislatures: An Economic Analysis

W. M. Crain and B. L. Goff

405


Reciprocity Reexamined: The Consolidated Foods Case

S. J. K. Walters

423


 


Volume 30(1)


Terrorism in a Bargaining Framework

S. E. Atkinson, T. Sandler and J. Tschirhart

1


Optimal Enforcement Strategy to Prevent Oil Spills: An Application of a Principal-Agent Model with Moral Hazard

M. A. Cohen

23


Empirical Implications and Tests of the contestability Hypothesis

S. A. Morrison and C. Winston

53


Disentangling Interrelated Effects of Regulatory Changes on Shareholder Wealth: The Case of Motor carrier Deregulation

K. Schipper, R. Thompson and R. L. Weil

67


Are Imports to Blame? Attribution of Injury under the 1974 Trade Act

R. S. Pindyck and J. J. Rotemberg

101


Geographic Market Definition under the U.S. Department of Justice Merger Guidelines

D. T. Scheffman and P. T. Spiller

123


The Interjurisdictional Effects of Growth Controls on Housing Prices

L. Katz and K. T. Rosen

149


The Takeover Market, Corporate board Composition, and Ownership Structure: The Case of Banking

J. A. Brickley and C. M. James

161


Shelf Registration: Competition and Market Flexibility

D. S. Kidwell, M. Wayne Marr and G. Rodney Thompson

181


 


Volume 30(2)


The Health Effects of Mandatory Prescriptions

S. Peltzman

207


Predation through Regulation: The Wage and Profit Effects of the Occupational Safety and Health Administration and the Environmental Protection Agency

A. P. Bartel and L. G. Thomas

239


Trademark Law: An Economic Perspective

W. M. Landes and R. A. Posner

265


Regulation on Demand: A Private Interest Model, with an Application to Insider Trading Regulation

D. B. Haddock and J. R. Macey

311


The Effects of Antitakeover Amendments on Takeover Activity: Some Direct Evidence

J. Pound

353


Quantity and Price Adjustment in Long-Term Contracts: A Case Study of Petroleum Coke

V. P. Goldberg and J. R. Erickson

369


The Economic basis of Hyde: Are Market Power and Hospital Exclusive Contracts Related?

W. J. Lynk and M. A. Morrisey

399


ÑCaptive shippersæ and the Success of Railroads in capturing Monopoly Rent

P. V. Garrod and W. Miklius

423


The Minimum Wage Law and Yough Crimes: Time-Series Evidence

M. Hashimoto

443


The Welfare Gain from Efficient Pricing of Local Telephone Services

J. M. Griffin and T. H. Mayor

465


Economic Efficiency in Cooperatives

P. K. Porter and G. W. Skully

489

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