Volume 4, Number 1, Fall 1986

Incentive Regulation for Electric Utilities

Paul R. Joskow and Richard Schmalensee

Regulatory Reform in the Third World: The Case of Peru

Peter Schuck and Robert E. Litan

The Political Economy of Immigration Restrictions

William F. Shughart II, Robert D. Tollison, and Mwangi S. Kimenyi

Rings of Privacy: Unsolicited Telephone Calls and the Right of Privacy

Mark S. Nadel

Banking on the Market: Relying on Depositors to Control Bank Risks

Helen A. Garten

Book Review

by Robert W. Hahn