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24 J. Legal Stud. [i] (1995)

handle is hein.journals/legstud24 and id is 1 raw text is: The Journal of LEGAL STUDI ES VOLUME XXIV (1) JANUARY 1995 Alternative Dispute Resolution: An Economic Analysis By STEVEN SHAVELL ....................................................... 1 Effort, Information, Settlement, Trial By BRUCE L . H AY .......................................................... 29 The Market for Shares of Companies with Unlimited Liability: The Case of American Express By PETER Z. GROSSMAN ................................................... 63 Settlement Escrows By ROBERT H. GERTNER AND GEOFFREY P. MILLER ................ 87 Some Experimental Evidence on Differences between Student and Prisoner Reactions to Monetary Penalties and Risk By MICHAEL K. BLOCK AND VERNON E. GERETY ................... 123 Contract Remedies and Options Pricing By PAUL G . M AHONEY .................................................... 139 Revelation of Private Information about Unpaid Notes in the Trade Credit Bill System in Japan By TOSHIHIRO MATSUMURA AND MARC RYSER ....................... 165 Defining Efficient Care: The Role of Income Distribution By THOMAS J. MICELI AND KATHLEEN SEGERSON ................... 189 The Trial Selection Hypothesis without the 50 Percent Rule: Some Experimental Evidence By ROBERT E. THOMAS .................................................... 209 The Efficient Scope of Private Transactions-Cost-reducing Institutions: The Successes and Failures of Commodity Exchanges By STEPHEN CRAIG PIRRONG ............................................. 229