See AREEDA, KAPLOW & EDLIN
, supra note 92, at 12 (comparing monopoly firms with perfect competition firms, indicating that unlike in monopolies, where the output affects the market price, in perfect competition, the output is so small relative to total demand that the output variations do not affect market price).
states that 'even Waldron cannot deny' that courts have on some occasions 'improved the law by excising unjust legislation' (137).
and others have shown that it is possible to counteract the implicit reliance subsidy of promisees by either manipulating the contract provisions (1) to control the identity of which side is more likely to breach, or (2) to create intentionally the possibility that the promisor will be able to hold up the promisee and claim part of the benefit of the promisee's reliance investments.
SPI's lawyer Richard Edlin
said: "There is no simple solution to this problem and the answer will have to come from within Russia.
flew out, having sold his pounds 100,000 cottage in Evesham, Worcs to pay for surgery, after learning he could die before treatment is provided by the NHS.
flew to South Africa having sold his pounds 100,000 cottage to pay for surgery after learning he could die before treatment is provided by the NHS.
had a serious heart attack in January and urgently requires a bypass operation.
Rahn emphasizes the vital roles played by other members of the group including the Rev Linda Bartholomew, Canon of Christ Church Cathedral, Danya Karram, an Arab Muslim, Rita Edlin
, who is Jewish, and Lou Vera, an ecumenical specialist from the office of the Catholic Archdiocese.
The 2001/2 Fellows are: William Collins, Vanderbilt University, working in Development of the American Economy; Aaron Edlin
, University of California, Berkeley, and Christine Jolls, Harvard University, working in Law and Economics; and Kathleen McGarry, University of California at Los Angeles, and Andrew Samwick, Dartmouth College, working in Aging.
Wolff 1927: 1074-7; Howes 1949: 139; Murphey 1958; Eibl-Eibesfeldt 1975; Edlin
1978: 81; Lee 1990: 163; Rooney 1993; Atawodi et al.
As RSW acknowledges, natural monopolies do not necessarily result in socially inefficient use of resources, but they raise that possibility (see Edlin
, Epelbaum, and Heller 1996).
is a freelance writer based in San Francisco.