Ronald H. Coase / Thomas W. Hazlett -- Aaron Director remembered / Stephen M. Stigler -- Aaron Director's influence on antitrust policy / Sam Peltzman -- George J. Stigler and his contributions to law and economics / Harold Demsetz -- The enduring contributions of Armen Alchian / Susan Woodward...

Economic analyses of antitrust institutions have thus far focused predominantly on optimal penalties and the design of substantive legal rules, and have largely ignored the standard of proof used in trials as a policy tool in shaping behavior. This neglected tool can play a unique role in the...