THE STRUCTURE OF NATIONAL TIME RATES IN THE TELEVISION BROADCASTING INDUSTRY.

The papers 'Evaluating the performance of U.S credit unions,' by Harold O. Fried et al., 'Efficiency in the savings and loan industry,' by Loretta J. Mester, and 'The Efficiency of the Federal Reserve in providing check processing services,' by Paul W. Bauer and Diana Hancock, were discussed in the article. The research papers were considered to be state-of-the-art empirical papers. None, however, provided significant methodological advances. The limitations of the research studies were enumerated. Generic questions that should provide guidance to a reader trying to decide on the instructive value of the research papers were presented.