Arnold A. Heggestad - Public policy toward corporations
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UNIVERSITY PRESSES OF FLORIDA University of Florida Press Gainesville
Page iv
University presses of Florida is the central agency for scholarly publishing of the State of Florida's university system, producing books selected for publication by the faculty editorial committees of Florida's nine public universities: Florida A&M University (Tallahassee), Florida Atlantic University (Boca Raton), Florida International University (Miami), Florida State University (Tallahassee), University of Central Florida (Orlando), University of Florida (Gainesville), University of North Florida (Jacksonville), University of South Florida (Tampa), University of West Florida (Pensacola).
Orders for books published by all member presses should be addressed to University Presses of Florida, 15 NW 15th Street, Gainesville, FL 32603.
Library of Congress Cataloging-in-Publication Data
Public policy toward corporations/edited by Arnold A. Heggestad. p. cm. ISBN 0-8130-0880-8 1. Industry and stateUnited States. I. Heggestad, Arnold A., 1943 HD3616.U47P82 1987 87-21324 338.973dc19
Copyright 1988 by the Board of Regents of the State of Florida
Printed in the U.S.A. on acid-free paper
Page v
This book is dedicated by the contributing authors to Robert F. Lanzillotti in recognition of his service as Dean of the College of Business Administration of the University of Florida from 1969 to 1986.
Page vii
CONTENTS
Contributors
ix
Introduction
xi
I. Current Antitrust Enforcement
1. Mr. Reagan and Antitrust
Walter Adams and James W. Brock
3
2. Antitrust in the Current Economic Environment
William A. Lovett
17
3. The New Attack on Antitrust
Willard F. Mueller
53
II. Antitrust Economics
4. Vertical Integration of a Monopolist: Paschall v. Kansas City Star
Roger D. Blair and James M. Fesmire
83
5. A Note on Delivered Pricing Systems
Yoram C. Peles
102
6. Quality of Service, Contestable Markets, and the Effectiveness of Motor Carrier Rate Bureaus as Cartels
Arthur DeVany and Thomas R. Saving
108
III. Regulation and the Theory of the Firm
7. Deregulation, Competition, and Risk in Commercial Banking
Arnold A. Heggestad and Stephen D. Smith
129
8. The Economics of Regulation: Theory and Policy in the Postdivestiture Telecommunications Industry
David L. Kaserman and John W. Mayo
141
9. Pricing Achievements in Large Companies
Kenneth G. Elzinga
166
10. The Goal of the Firm: Revisited
Haim Levy
180
Page ix
CONTRIBUTORS
Walter Adams
Distinguished University Professor (Economics), Past President, Michigan State University
Roger D. Blair
Professor of Economics University of Florida
James W. Brock
Associate Professor of Economics Miami University (Ohio)
Arthur DeVany
Professor of Economics University of CaliforniaIrvine
Kenneth G. Elzinga
Professor of Economics University of Virginia
James M. Fesmire
Professor of Economics University of Tampa
Arnold A. Heggestad
William H. Dial Professor of Banking University of Florida
David L. Kaserman
Professor of Economics Auburn University
Haim Levy
Professor of Finance Hebrew University and University of Florida
William A. Lovett
Professor of Law and Economics Tulane University Law School
Page x
John W. Mayo
Assistant Professor of Economics University of Tennessee
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