Vol. 34, No. 4, Winter 2011-2012

Cover Stories

The Private and Social Costs of Patent Trolls Do nonpracticing entities benefit society by facilitating markets for technology? By James Bessen, Jennifer Ford, and Michael J. Meurer (PDF, 504K)

Features

Property

Compliance — or Else The EPA's compliance order regime creates a Hobson's choice. By Timothy Sandefur (PDF, 313K)

Antitrust

The Case of Duopoly Industry structure is not a sufficient basis for imposing regulation. By Erwin A. Blackstone, Larry F. Darby and Joseph P. Fuhr, Jr. (PDF, 463K)

Communications

The Economics of Network Neutrality Are "prophylactic" remedies to nonproblems needed? By Gerald R. Faulhaber (PDF, 328K)

In Review

The Quest: Energy, Security, and the Remaking of the Modern World, reviewed by Richard L. Gordon | The Darwin Economy: Liberty, Competition, and the Common Good, reviewed by David R. Henderson | Overdiagnosed: Making People Sick in the Pursuit of Health, reviewed by Peter Van Doren | First Thing We Do, Let's Deregulate All the Lawyers, reviewed by David R. Henderson

Working Papers, reviewed by Peter Van Doren

Briefly Noted

The Flood Insurance Fix, by Ike Brannon and Elizabeth Lowell | Third Party Litigation Funding, by David S. Abrams | Why Greece Defaulted — and Others Will Follow, by Pierre Lemieux | Shareholder Say-On-Pay, So Far by Thomas A. Hemphill | Errata

Final Word

A Unique Market, Like All the Rest by A. Barton Hinkle