Olin Foundation

We would like to thank Pamela De Ciechi, Richard Hodgson, and Alan Eggenberger. This research was supported by US NSF grant DMB-8704206 to H.B.P. K.N. was supported by NSF predoctoral and Olin Foundation Fellowships. 

Friedrich Hayek and Henry Simons persuaded the Volker Fund to create a position at the law school from which Aaron Director launched the nation s first formal program in law and economics. After the Volker Fund went out of existence, the Olin Foundation became the programs primary funder. Directors courses had a profound impact on a small but dedicated core of law students, many of whom became evangelists for the law and economics movement. The program published the first issue of the Journal of Law and Economics in 1958. Director s successor, Ronald Coase, wrote what became one of the most widely cited articles in law and economics, an essay entitled The Problem of Social Cost. ... 

Waksman, S.A. and Schatz, A. U.S. Patent 2,449,866 September 21, 1948 assigned to Rutgers Research and Endowment Foundation Bartels, C.R., Bryan, W.L. and Berk, B. U.S. Patent 2,868,779 January 13, 1959 assigned to Olin Mathieson Chemical Corporation... 

The methodology used here was developed earlier by Dr. H. T. Yao (20) to study turbulent mass transfer near interfaces his research was supported by the National Science Foundation (Grant ENG 79-15256). S. Lyons received summer support from the Olin Corporation for Senior Research in Chemical Engineering. The final manuscript was prepared by C. A. Petty while on sabbatical leave at the Dorr-Oliver Company in Stamford, CT. The many encouragements of Dr. C. A. Willus and his colleagues are sincerely appreciated. Yvonne Grimm typed the final draft of the manuscript for which we are very thankful. 

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