Rising urban and environmental demand for water has created growing pressure to re-allocate water from traditional agricultural uses. But, for a variety of reasons, water markets are more complicated than are those for other resources. In this paper, we first explain these differences by...

Antitrust regime shifts represented by the 1933 adoption and 1935 annulment of the National Industrial Recovery Act are postulated to have effects analogous to temporary achievement of Bradburd and Over's 'integrative concentration level' (Bradburd and Over, 1982); a level at which cartel...