《RESEARCH IN LAW AND ECONOMICS VOLUME 3》

AN APPRAISAL OF MODEL BUILDING IN INDUSTRIAL ORGANIZATIONJ. A. Henning and H. M. Mann1

REGULATION OF MULTIPRODUCT ENTERPRISES BY RATE OF RETURN, MARKUP, AND OPERATING RATIORonald R. Braeutigam15

PIGOU ON COMPLEX CONTRACTS AND WELFARE ECONOMICSVictor P. Goldberg39

RENT SEEKING AND WELFARE LOSSEdward M. Rice and Thomas S. Ulen53

GAMES OF BREACH AND THE ROLE OF CONTRACT LAW IN PROTECTING THE EXPECTATION INTERESTJanet Landa and Bernard Grofman67

COMPETITION FOR PATENT MONOPOLIESRoger L. Beck91

PROPERTY RIGHTS AND ECONOMIC BEHAVIOR IN PRIVATE AND GOVERNMENT ENTERPRISES: THE CASE OF AUSTRALIA’S BANKING SYSTEMDavid G. Davies111

PROPERTY RIGHTS AND THE EFFICIENT DEVELOPMENT OF MINERALS ON THE OCEAN FLOORI. G. Bulkley143

PROPERTY RIGHTS AND COMPETITION IN HEALTH INSURANCE: MULTIPLE OBJECTIVES FOR NONPROFITFIRMSH. E. Frech III and Paul B. Ginsburg155

A COST-BENEFIT MODEL OF CRIMINAL COURTSEli M. Noam173

REFLECTIONS ON OPTIMAL PUNISHMENT OR: SHOULD THE RICH PAY HIGHER FINES?David D. Friedman185

AFFIRMATIVE ACTION IN MEDICAL SCHOOLS: ECONOMETRIC EVIDENCE AND LEGAL DOCTRINEAlan L. Olmstead and Steven M. Sheffrin207

SHORTER ARTICLES227

A NOTE ON THE ECONOMIC IMPACT FROM THE FINANCED CAPITALIST PLANJames A. Buss and William E. Buss227

A NOTE ON MEASURING THE EXTENT OF COMPETITION IN THE PHYSICIANS’ SERVICES MARKET: AN ALTERNATIVE APPROACHDouglas A. Conrad and Carolyn A. Watts241

A NOTE ON THE QUALITY OF LEGAL SERVICES: PEER REVIEW AND DISCIPLINARY SERVICESidney L. Carroll and Robert J. Gaston251

INDEX261