International Journal of the
Economics of Business

Volume 4 Number 3 November 1997

SPECIAL ISSUE
Symposium on the US Brand Name Prescription Drug
Antitrust Litigation
Guest Editor: H. E. Frech III

INTRODUCTION
H. E. Frech III 237

RESEARCH ARTICLES
F. M. Scherer, How US Antitrust Can Go Astray: The Brand Name Prescription Drug Litigation 239

Roy Weinstein and John Culbertson, How US Antitrust Can be on Target: The Brand Name Prescription Drug Litigation 257

Jeffrey L. Harrison, The Brand Name Prescription Drug Litigation: Comments on Scherer 265

Henry W. Zaretsky, Comment on: F. M. Scherer, "How US Antitrust Can Go
Astray: The Brand Name Prescription Drug Litigation" 271

Peter Zweifel, Comment on: F. M. Scherer, "How US Antitrust Can Go
Astray: The Brand Name Prescription Drug Litigation" 277

W. Duncan Reekie, Cartels, Spontaneous Price Discrimination and International Pharmacy Retailing 279

Kenneth G. Elzinga and David E. Mills, The Distribution and Pricing of
Prescription Drugs 287

Patricia M. Danzon, Price Discrimination for Pharmaceuticals: Welfare
Effects in the US and the EU 301

REVIEW ARTICLE
W. Duncan Reekie, Competition in Health Care: Is it Working? A Review of:
H. E. Frech III, Competition and Monopoly in Medical Care 323

Call for Papers

Volume Contents and Author Index to Volume 4, 1997

International Journal of the
Economics of Business

Volume 4 Number 2 July 1997

RESEARCH ARTICLES
Leola B. Ross, When Will an Airline Stand its Ground? An Analysis of Fare
Wars 109

Hans-Jürgen Engelbrecht, Corporate Bureaucracies and United States Competitiveness 129

Peter Holl, Xeni Dassiou and Dimitris Kyriazis, Testing for Asymmetric
Information Effects in Failed Mergers 155

Hariolf Grupp, External Effects as a Microeconomic Determinant of
Innovation Efficiency 173

Rajeev Dhawan, Asymmetric Information and Debt Financing: The Empirical
Importance of Size and Balance Sheet Factors 189

Li Way Lee, Persuasive Advertizing and Socialization 203

REVIEW ARTICLE
P. A. Geroski, What Can Economics Offer Strategy? A Review of: D. Besanko,
D. Dranove and M. Shanley, Economics of Strategy 215

International Journal of the
Economics of Business

Volume 4 Number 1 February 1997

RESEARCH ARTICLES
Timothy L. Sorenson, Minimal Differentiation at the Top 5

Donald A. R. George, , Production, Quality and Markets 21

H. E. Frech III, The Nonequivalence of Vertical Merger and Exclusive Dealing 33

Gil S. Epstein and Uriel Spiegel, Monitoring within the Firm and Manager
Relations

Kenneth L. Danger, Nonprofit Hospital Mergers: What can we Learn from
Financial Markets? 63

INDUSTRY STUDY/SURVEY SECTION
Michael Kitson and Jonathan Michie, Does Manufacturing Matter? 71

REVIEW ARTICLE
Derek Bosworth, Rivalry and Anticompetitive Practices: A Review of J. T.
Scott, Purposive Diversification and Economic Performance 97

International Journal of the
Economics of Business

Volume 3 Number 3 November 1996

RESEARCH ARTICLES
Derek Bosworth, Determinants of the Use of Advanced Technologies 269

José Mata, Business Conditions and Business Starts 295

Mark Casson and Nigel Wadeson, Information Strategies and the Theory of the
Firm 307

Kimya M. Kamshad The Dynamics of Firm Growth and Survival Under
Alternative Forms of Control 331

Hans Gersbach Vertical Relationships in the Automotive Industry: Do they
Matter? 343

INDUSTRY STUDY/SURVEY SECTION
Mick Silver, Quality, Prices and Hedonics 351

Nemat Shafik, Selling Privatization Politically 367

REVIEW ARTICLE
Roger Clarke, Regulation and Competition in Electricity: A Review of
M. A. Einhorn, ed., From Regulation to Competition: New Frontiers in
Electricity Markets 379

VOLUME CONTENTS AND AUTHOR INDEX TO VOLUME 3, 1996

International Journal of the
Economics of Business

Volume 3 Number 2 July 1996

RESEARCH ARTICLES
Sherrill Shaffer, Viability of Traditional Banking Activities: Evidence from
Shifts in Conduct Excess Capacity 125

Thomas W. Hazlett, Cable Television Rate Deregulation 145

Peter Holl and Dimitris Kyriazis, The Determinants of Outcome in UK
Take-over Bids 165

Donald J. Smythe, The Dynamics of Oligopoly Behaviour: A Study of the US
Cigarette Industry, 1955-90 185

Gregory E. Goering and Michael K. Pippenger, Durable Goods and Switching
Costs 201

Mike Adams, Choice of Distribution System in the New Zealand Life
Insurance Industry 213

INDUSTRY STUDY/SURVEY SECTION
James H. Love and Frank H. Stephen, Advertising, Price and Quality in
Self-regulating Professions: A Survey 227

REVIEW ARTICLE
Neil M. Kay, The Economics of Trust. Thoughts Inspired by Mark Casson,
Studies in the Economics of Trust. Volume 1: Entrepreneurship and Business
Culture; and Volume 2: The Organization of International Business 249

International Journal of the
Economics of Business

Volume 3 Number 1 February 1996

RESEARCH ARTICLES
Peter J. Buckley and Martin J. Carter, The Economics of Business Process
Design: Motivation, Information and Coordination Within the Firm 5

Timothy J. Brennan, Is Cost-of-service Regulation Worth the Cost? 25

Michael A. Utton, Selective Distribution, Refusal to Sell and the Monopolies
and Mergers Commission 43

Gianni De Fraja and Alessandra Staderini, An Empirical Analysis of
Competition in Brand Differentiated Oligopoly 57

Julian L. Simon, Manouchehr Mokhtari and Daniel H. Simon, Are Mergers
Beneficial or Detrimental? Evidence from Advertising Agencies 69

INDUSTRY STUDY/SURVEY SECTION
Gregory J. Werden, Luke M. Froeb and Timothy J. Tardiff, The Use of the Logit
Model in Applied Industrial Organization 83

REVIEW ARTICLE
Harold Demsetz, Ownership and Control. A Review Article of: Mark J. Roe,
Strong Managers, Weak Owners 107

International Conference on European Industrial Policy Announcement