It is often the case that the value of a number of somewhat similar units (e. g., automobiles of a certain general type) is divided by the number of units in order to form a unit value price and these unit value prices are compared over two periods in order to form a unit value price index. This...

The extent to which inflation has eroded the real purchasing power of public agricultural research budgets is poorly understood. Official Government research and development (R&D) statistics use the gross national product (GNP) deflator to express research expenditures in constant dollars,...

This paper examines the main characteristics of the consular regime of social control of markets by looking at some aspects of the organization and operation of the Commercial Court of Paris, a four and a half century old institution in which judges are lay, business people. Comparing the...

Law and economics has become the dominant style of legal scholarship in the United States. This Article considers and illustrates the ways in which law and economics has affected and will affect legal scholarship, education, and practice. After first defining law and economics as a method by...