Autumn 1972 Table of Contents

• Michael C. Jensen
  Capital Markets: Theory and Evidence

• Theodore E. Keeler
  Airline Regulation and Market Performance

• Lawrence J. White
  Quality Variation When Prices Are Regulated

• Philip K. Verleger, Jr.
  Models of the Demand for Air Transportation

• Joseph E. Stiglitz
  Some Aspects of the Pure Theory of Corporate Finance: Bankruptcies and Take-Overs

• Robert W. Crandall
  FCC Regulation, Monopsony, and Network Television Program Costs

• Eugene F. Fama
  Perfect Competition and Optimal Production Decisions under Uncertainty

• H.D. Vinod
  Nonhomogeneous Production Functions and Applications to Telecommunications

• Blaine E. Davis and F.T. Sparrow
  Valuation Models in Regulation

• Franklin M. Fisher, Paul H. Cootner, and Martin N. Baily
  An Econometric Model of the World Copper Industry

• William J. Breen and Eugene M. Lerner
  On the Use of ß in Regulatory Proceedings

• Stewart C. Myers
  On the Use of ß in Regulatory Proceedings: A Comment

• George W. Hilton
  Albro Martin's Enterprise Denied

• Paul L. Joskow
  The Determination of the Allowed Rate of Return in a Formal Regulatory Hearing

• U. Sankar
  Investment Behavior in the U.S. Electric Utility Industry, 1949-1968

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