Volume Information
Editorial Staff

Front Matter
Editorial Staff

Industry Structure, Market Rivalry, and Public Policy
Harold Demsetz

The Fable of the Bees: An Economic Investigation
Steven N. S. Cheung

Meade, Bees, and Externalities
David B. Johnson

Meade on External Economies: Should the Beneficiaries Be Taxed?
J. R. Gould

Free Competition and the Optimal Amount of Fraud
Michael R. Darby and Edi Karni

The Rates and Costs of the United States Postal Service
George M. Wattles

Innovation by an Exchange: A Case Study of the Development of the Plywood Futures Contract
Richard Sandor

The Effect of Conglomerate Mergers on Competition
Lawrence G. Goldberg

Bond Ratings, Bond Yields and Financial Regulation: Some Findings
Richard R. West

On the Incentive to Invent: A Clarificatory Note
Sheng Cheng Hu

The Noxious Influence of Authority: A Correction of Jevons' Charge
N. B. De Marchi

Why Regulate Utilities? To Control Price Discrimination
Roland H. Koller II