Journal of Law and Economics
Опубликовано на портале: 07-02-2003William Mark Crain, Robert B. Ekelund Journal of Law and Economics. 1976. Vol. 19. No. 1. P. 149-62 .
Examines the formulation of the principle of competition for the field of service and contract management by economists Harold Demsetz and Edwin Chadwick. Relationship between market concentration and competition; Need of political and economic structure to implement Chadwick principle; Efficiency of the contracting process in obtaining competitive solution. (Из Ebsco)
Опубликовано на портале: 08-12-2005Lee Benham Journal of Law and Economics. 1972. Vol. 15. No. 2. P. 337-352.
Focuses on the effect of advertising on the price of eyeglasses in the United States. Restrictions of advertising in the market for eyeglasses; Price differentials associated with advertising restrictions; Influence of advertising on consumer's knowledge. (Из Ebsco)
The extent of the market [статья]
Опубликовано на портале: 12-05-2004George J. Stigler, Sherwin Rosen Journal of Law and Economics. 1985. Vol. 28. No. 3. P. 555-585.
Examines the classical theory of the market. In this paper authors consider the role of price market determination, price movement in competitive and monopolistic markets, extension of commodity markets.
The Law and Large Block Trades [статья]
Опубликовано на портале: 02-10-2003Michael J. Barclay, Clifford G. Holderness Journal of Law and Economics. 1992. Vol. 35. P. 265-294.
Although these issues have been analyzed by legal scholars since Andrew Berle and Gardiner Means in 1932, no systematic empirical evidence has been collected. We investigate the validity of this belief, as well as broader implications of the law on large-block trades, by analyzing 106 trades of at least 5% of common stock of exchange-listed firms between 1978 and 1982. We find that, when block sellers receive premium, stock prices typically increase but not to the price per share received by the blockholders. We argue that this tension is resolved by assigning a different set of rights and obligations to large-block shareholders when they act as managers.
Why regulate utilities? [статья]
Опубликовано на портале: 07-02-2003Harold Demsetz Journal of Law and Economics. 1968. Vol. 11. No. 1. P. 55-65.
Argues on the relationship between market concentration and competition in the United States. Basis of theories on incorrect understanding of the concept of competition of rivalry; Revelation of the validity or falsity of the relationship in the area of utility regulation; Comparison of the effectiveness between rivalry of the market and commission regulation (Из Ebsco).