Law and Economics Commons^™

The Dynamics Of Firm Behavior Under Alternative Cost Structures, George A. Hay

Cornell Law Faculty Publications

A large and growing number of studies attempt to determine the important factors affecting firms' decisions with respect to price, output, and inventories. A striking feature of this literature is the embarrassingly large number of alternative models—all allegedly consistent with the principles of profit maximization—which are used to justify various reduced form or behavioral equations to be estimated with the appropriate firm or industry data.

It is rare, however, that the equations to be estimated are derived rigorously from the underlying model. Because of this, the restrictions placed on the equations to be estimated are often limited at worst to …

Book Review, John H. Davidson Jr.

North Carolina Central Law Review

No abstract provided.

Lots For Sale - Discrimination In Site Selection, Henri Norris

North Carolina Central Law Review

No abstract provided.

Antitrust - Standing - State Does Not Have Standing To Sue As Parens Patriae Under Section 4 Of The Clayton Act For Damages To The General Economy Attributed To Violations Of The Antitrust Laws, James M. Papada Iii

Villanova Law Review

No abstract provided.

The Common Commercial Policy Of The Eec: Developments In The Final Stage, Joseph J. Norton

Faculty Journal Articles and Book Chapters

No abstract provided.

Cash Deposits - Burdens And Barriers In Access To Utility Services, John B. Kirkwood

Faculty Articles

The utilities are free from statutory limitations on their deposit rules, practices differ, but most utilities use very broad criteria of income and net worth to select those consumers from whom they will demand a deposit. Under these broad deposit rules it is not surprising that the poor pay virtually all deposits, or that often high income residential areas are exempted altogether from the impact of cash deposits. Such rules impose severe burdens on depositors without proportionately benefitting the utilities, for deposits usually save utilities insignificant amounts of money. For example, estimations of the California Public Utilities Commission in 1967 …

The Patent-Antitrust Balance: Proposals For Change, N.R. Powers

Villanova Law Review

No abstract provided.

Housing Market Operations And The Pennsylvania Rent Withholding Act - An Economic Analysis, Joseph R. Buckley, Gary N. Conley

Villanova Law Review

No abstract provided.

Antitrust Law - The Per Se Rule - Naked Horizontal Territorial Restraints Held To Be Illegal Per Se, A. Roy Decaro

Villanova Law Review

No abstract provided.

Doing Business And U.S. Commercial Treaties: The Case With The Member States Of The Eec, Joseph J. Norton

Faculty Journal Articles and Book Chapters

No abstract provided.

Book Review. Massive Industrial Size, Classical Economics, And The Search For Humanistic Value, Joseph F. Brodley

Articles by Maurer Faculty

No abstract provided.

The Pennsylvania Project - A Practical Analysis Of The Pennsylvania Rent Withholding Act, David F. Girard-Dicarlo, James S. Green, Alan J. Hoffman, William F. Holsten

Villanova Law Review

No abstract provided.

The Problem Of Social Cost Revisited, Donald H. Regan

Articles

SOME years ago, in a paper entitled "The Problem of Social Cost," Professor Ronald Coase asserted and argued for a proposition which has since acquired the convenient sobriquet "the Coase Theorem." The proposition is: That in a world of perfect competition, perfect information, and zero transaction costs, the allocation of resources in the economy will be efficient and will be unaffected by legal rules regarding the initial impact of costs resulting from externalities. Note that there are two claims being made, which it is well to separate for purposes of discussion. The first claim is that, under the conditions described, …