38 J.L. & Econ. [i] (1995)

handle is hein.journals/jlecono38 and id is 1 raw text is: The Journal of
LAW                      't--
ECONOMICS
VOLUME XXXVIII (1)                                          APRIL 1995
The Politics of Infrastructure
By W. MARK CRAIN AND LISA K. OAKLEY ...................... 1
Designing More Efficient Markets: Lessons from Los Angeles Smog
Control
By VIVIEN FOSTER AND ROBERT W. HAHN ..................... 19
Effects of Tort Liability and Insurance on Heavy Drinking and
Drinking and Driving
By FRANK A. SLOAN, BRIDGET A. REILLY, AND CHRISTOPH
SCHENZLER  .......................................    49
Rates of Time Preference and Consumer Valuations of Automobile
Safety and Fuel Efficiency
By MARK K. DREYFUS AND W. Kip VISCUSI .................. 79
Are Fines and Prison Terms Used Efficiently? Evidence on Federal
Fraud Offenders
By  JOEL  W ALDFOGEL  .................................  107
The Self-Regulation of Commodity Exchanges: The Case of Market
Manipulation
By  STEPHEN  CRAIG  PIRRONG  ............................  141
Why Are Some Products Branded and Others Not?
By I. P. L. PNG AND DAVID REITMAN ....................... 207
Litigation and Settlement under the English and American Rules:
Theory and Evidence
By JAMES W. HUGHES AND EDWARD A. SNYDER ............. 225

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