CONTENTS OF VOLUME 6 Volume 6, Number 1 Spring 1997 Special Issue The Industrial Organization of Health Care II Ching-to Albert Ma and Thomas McGuire (Issue Editors) Introduction Esther Gal-Or Exclusionary Equilibria in Health-Care Markets Gautam Gowrisankaran and Robert J. Town Dynamic Equilibrium in the Hospital Industry Richard G. Frank and David S. Salkever Generic Entry and the Pricing of Pharmaceuticals Mark McClellan Hospital Reimbursement Incentives: An Empirical Analysis William E. Encinosa, III and David E. M. Sappington Competition among Health Maintenance Organizations Fiona M. Scott Morton The Interaction between a Most- Favored-Customer Clause and Price Dispersion: An Empirical Examination of the Medicaid Rebate Rules of 1990 Yeon-Koo Che and lan Gale Buyer Alliances and Managed Competition Volume 6, Number 2 Summer 1997 Symposium on Incentives and Organization of the Firm Jean-Jacques Laffont and David Martimort The Firm as a Multicontract Organization Esther Gal-Or Multiprincipal Agency Relationships as Implied by Product Market Competition Nahum Melumad, Dilip Mookherjee, and Stefan Reichelstein Contract Complexity, Incentives, and the Value of Delegation 916 Journal of Economics & Management Strategy David P. Baron Integrated Strategy and International Trade 291 Disputes: The Kodak-Fujifilm Case Marcel Boyer and Michel Moreaux Capacity Commitment 347 versus Flexibility Mary K. Olson Firm Characteristics and the Speed of FDA 377 Approval Y. Joseph Lin Division of Labor in Teams 403 Volume 6, Number 3 Fall 1997 Special Issue Market Design and the Spectrum Auctions John McMillan, Michael Rothschild, and Robert Wilson Introduction Peter Cramton The FCC Spectrum Auctions: An Early Assessment Lawrence M. Ausubel, Peter Cramton, R. Preston McAfee, and John McMillan Synergies in Wireless Telephony: Evidence from the Broadband PCS Auctions Robert J. Weber Making More from Less: Strategic Demand 529 Reduction in the FCC Spectrum Auctions David Salant Up in the Air: GTE’s Experience in the MTA 549 Auction for Personal Communication Services Licenses Christopher Avery and John H. Kagel Second-Price Auctions 573 with Asymmetric Payoffs: An Experimental Investigation Charles R. Plott Laboratory Experimental Testbeds: Application 605 to the PCS Auction John O. Ledyard, David Porter, and Antonio Rangel 639 Experiments Testing Multiobject Allocation Mechanisms Volume 6, Number 4 Winter 1997 Fiona Scott Morton Entry and Predation: British Shipping 679 Cartels 1879-1929 Contents of Volume 6 Ching-to Albert Ma Option Contracts and Vertical Foreclosure Daniel P. O’Brien and Greg Shaffer Nonlinear Supply Contracts, Exclusive Dealing, and Equilibrium Market Foreclosure Sudipto Dasgupta and Vikram Nanda _ Tender Offers, Proxy Contests, and Large-Shareholder Activism Asher Wolinsky Regulation of Duopoly: Managed Competition vs Regulated Monopolies Antoine Faure-Grimaud The Regulation of Predatory Firms Yongmin Chen Paying Customers to Switch Son Ku Kim Limited Liability and Bonus Contracts