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The author is indebted to the National Science Foundation for financial support and to Armen A. Alchian, Harold Demsetz, Robert S. Goldfarb, Paul MacAvoy, Sam Peltzman, and a referee of thisJournal for helpful comments. A preliminary, abridged version of this paper was delivered at the Pittsburgh meetings of the Public Choice Society in May 1972.
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De Alessi, L. Aneconomic analysis of government ownership and reculation. Public Choice 19, 1–42 (1974). https://doi.org/10.1007/BF01718544
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DOI: https://doi.org/10.1007/BF01718544