Journal of Law and Economics
Опубликовано на портале: 07-02-2003
William 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: 08-12-2005
Lee 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: 12-05-2004
George 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: 02-10-2003
Michael 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: 07-02-2003
Harold 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).

