Front Matter
Editorial Staff

Director's Law of Public Income Redistribution
George J. Stigler

The Pricing of North Sea Gas in Britain
Kenneth W. Dam

The Auction System and North Sea Gas: A Comment
Ronald H. Coase

The Structure of a Contract and the Theory of a Non-Exclusive Resource
Steven N. S. Cheung

Non-Zoning in Houston
Bernard H. Siegan

Conglomerates: The Rhetoric and the Evidence
James H. Lorie and Paul Halpern

New Evidence on Mergers
Michael Gort and Thomas F. Hogarty

Separation of Ownership and Control in the Modern Corporation
Brian Hindley

Predatory Pricing: The Case of the Gunpowder Trust
Kenneth G. Elzinga

Market Structure, Elasticity of Demand and Incentive to Invent
Morton I. Kamien and Nancy L. Schwartz

Monopoly, Competition and the Incentive to Invent: A Comment
B. S. Yamey

Antitrust and the Takeover Activity of American Firms in Canada: A Reply
Grant L. Reuber

Antitrust and the Takeover Activity of American Firms in Canada: A Final Comment
C. J. Maule