Volume Information
Editorial Staff

An Augmentation of the Guard
Richard A. Epstein

Why Do Universities Have Endowments?
Henry Hansmann

The Doctrine of Commercial Impracticability in a Second-Best World
Alan O. Sykes

Liability Salvage--By Private Ordering
Wayne T. Brough

Why Tender Offers? The Efficient Market Hypothesis, the Supply of Stock, and Signaling
Lloyd R. Cohen

Empirical Evidence on the Selection Hypothesis and the Decision to Litigate or Settle
Linda R. Stanley and Don L. Coursey

The Incentive to Sue: An Option-Pricing Approach
Bradford Cornell

Second Thoughts on the Public-Good Justification for Government Poverty Programs
Dwight R. Lee and Richard B. McKenzie

An Experimental Study of Single-Actor Accidents
Lewis Kornhauser and Andrew Schotter

Indemnity, Settlement, and Litigation: Comment and Extension
Philip L. Hersch

A Transaction-Costs Explanation for Why the Poor Are More Likely to Commit Crime
John Lott

The Courts and the Market: An Economic Analysis of Contingent Fees in Class-Action Litigation
William J. Lynk