Re‐estimates the famous study by Stigler and Friedland (1962) that examines the impact of regulation on the price of electricity. Employs time‐series data in the analysis, in light of recent extensions of the Stigler‐Peltzman theory of regulation. By modelling regulatory behaviour as an...

Professor Modigliani argues that, owing to considerations derived from the model of perfect competition, price controls in general enhance economic welfare and that this applies in particular to health care. Maintains the diametric opposite on both counts: that the perfectly competitive model is...

Purpose – Over a two‐month period, the editor of this review has searched worldwide for the most interesting and useful media articles on the topic of strategic management for the July/August issue of Strategy & Leadership . Design/methodology/approach – In addition to his own collection...