The Government as a Shareholder: A Case from the United States
Stacey R. Kole and J. Harold Mulherin

Clustering and Competition in Asset Markets
Sanford J. Grossman, Merton H. Miller, Kenneth R. Cone, Daniel R. Fischel, and David J. Ross

Eliminating the Market for Secondhand Goods: An Alternative Explanation for Leasing
Michael Waldman

Electoral and Financial Effects of Changes in Committee Power: The Gramm-Rudman-Hollings Budget Reform, The Tax Reform Act of 1986, and the Money Committees in the House
Jeffrey Milyo

Efficient Excise Taxation: The Evidence from Cigarettes
Daniel K. Benjamin and William R. Dougan

Demand for Environmental Goods: Evidence from Voting Patterns on California Initiatives
Matthew E. Kahn and John G. Matsusaka

The Rational Racketeer: Pasta Protection in Depression Era Chicago
Barbara Alexander

Products Liability and Prescription Drug Prices in Canada and the United States
Richard L. Manning

Information and Competitive Advantage: The Rise of General Motors
Seth W. Norton

Ownership, Regulation, and Managerial Monitoring in the Electric Utility Industry
R. Richard Geddes