I. The incentive argument for merit rating, 267. — Definitions, 268. — II. Monopoly profit before and after the imposition of contribution costs, 269. — Implications for forward shifting of contribution costs, 270. — III. Adequacy of profit reductions, 274. — Effect of different contribution rates upon a given monopolist, 274. — Effects of elasticities of demand and slopes of marginal cost functions, 276. — Conclusions, 283.

Abstract Reviews the book "The Principles of Financial and Statistical Mathematics," by Maximilian Philip.