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Readings in Industrial Economics

Volume Two: Private Enterprise and State Intervention

  • Charles K. Rowley
Textbook

Table of contents

  1. Front Matter
    Pages i-xxviii
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  2. An Anatomy of Market Failure

    1. Front Matter
      Pages 1-1
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    2. A Note on Welfare Comparisons between Monopoly and Pure Competition
      R. A. Berry
      Pages 3-22
    3. Allocative Efficiency, X-Efficiency and the Measurement of Welfare Losses
      W. S. Comanor, Harvey Leibenstein
      Pages 23-29
    4. On External Costs and the Visible Arm of the Law
      Paul Burrows
      Pages 30-51
    5. Diagrammatic Exposition of a Theory of Public Expenditure
      P. A. Samuelson
      Pages 52-65
    6. Public Goods and Public Policy
      J. G. Head
      Pages 66-87
    7. The Exchange and Enforcement of Property Rights
      Harold Demsetz
      Pages 88-107

  3. The Framework of State Intervention

    1. Front Matter
      Pages 109-109
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    2. Economies as an Anti-Trust Defense: The Welfare Tradeoffs
      O. E. Williamson
      Pages 111-135
    3. Anti-Trust Policy: Economics versus Management Science
      M. A. Crew, C. K. Rowley
      Pages 136-149
    4. The Theory of Public Utility Price — An Empty Box
      Jack Wiseman
      Pages 150-172
    5. Why Regulate Utilities ?
      Harold Demsetz
      Pages 173-186
    6. On the Regulation of Industry: A Note
      L. G. Telser
      Pages 187-205
    7. Output of the Restrained Firm
      M. Z. Kafoglis
      Pages 206-215

  4. Invention and the State: A Study in Controversy

    1. Front Matter
      Pages 217-217
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    2. Economic Welfare and the Allocation of Resources for Invention
      K. J. Arrow
      Pages 219-236
    3. Information and Efficiency:Another Viewpoint
      Harold Demsetz
      Pages 237-262
  5. Back Matter
    Pages 263-274
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About this book

Keywords

competition industrial economics industrial organization regulation

Editors and affiliations

  • Charles K. Rowley
    • 1
  1. 1.University of Newcastle upon TyneUK

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-349-15486-9
  • Copyright Information Macmillan Publishers Limited 1972
  • Publisher Name Palgrave, London
  • Print ISBN 978-0-333-10973-1
  • Online ISBN 978-1-349-15486-9
  • Buy this book on publisher's site
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