Readings in Industrial Economics: Volume Two: Private Enterprise and State Intervention

Front Matter....Pages i-xxviii
Front Matter....Pages 1-1
A Note on Welfare Comparisons between Monopoly and Pure Competition....Pages 3-22
Allocative Efficiency, X-Efficiency and the Measurement of Welfare Losses....Pages 23-29
On External Costs and the Visible Arm of the Law....Pages 30-51
Diagrammatic Exposition of a Theory of Public Expenditure....Pages 52-65
Public Goods and Public Policy....Pages 66-87
The Exchange and Enforcement of Property Rights....Pages 88-107
Front Matter....Pages 109-109
Economies as an Anti-Trust Defense: The Welfare Tradeoffs....Pages 111-135
Anti-Trust Policy: Economics versus Management Science....Pages 136-149
The Theory of Public Utility Price — An Empty Box....Pages 150-172
Why Regulate Utilities ?....Pages 173-186
On the Regulation of Industry: A Note....Pages 187-205
Output of the Restrained Firm....Pages 206-215
Front Matter....Pages 217-217
Economic Welfare and the Allocation of Resources for Invention....Pages 219-236
Information and Efficiency:Another Viewpoint....Pages 237-262
Back Matter....Pages 263-274