and an anonymous referee for valuable comments on a previous version of the manuscript, but all remaining errors are our own. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peerreviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.

Although many have studied regulatory policy in the United States, few have viewed it as a process, shaping markets and industries and, in turn, being affected by the structures it helped to create. By looking at the forty-year history of airline regulation and then focusing on one company's adaptations to deregulation, this article demonstrates that monocausal explanations fail to capture the complex and dynamic nature of the interaction between regulation and competition in America.

and an anonymous referee for valuable comments on a previous version of the manuscript, but all remaining errors are our own. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peerreviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.

No abstract

Paperback,Hardcover. This 1985 book puts business-government relations in modern America in a critical new perspective. Energy Policy in America Since 1945: A Study of Business. regulation and deregulation we have had few studies which actually examine. examination of business-government relations in the U.S. biotechnology of this public policy..