Summer 1987 Vol. 11 No. 2 Subscribe Share Currents Portfolio Insurance and Stock Market Risk Giving Back the Takings Clause An Environment of Risk and Uncertainty In Brief Features Pension Security: Has ERISA had any Effect? By Richard Ippolito Currents of Competition in Electricity Markets By Vernon L. Smith Blackout at Bonneville Power By Andrew N. Kleit and Richard L. Stroup Octane, Ozone, and Obstinacy By C. Boyden Gray Drunken Driving, Hit-And-Runs, and Bribery By Richard Theroux and John Umbeck The Drinking Age and Traffic Safety By Peter Asch and David Levy Letters Milk Markets Pink Slips Deregulating Railroads Readings Toxic Torts Insurance Insights Guild by Association Latest Issues Winter 2025–2026 Fall 2025 Summer 2025 Spring 2025