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Part II and last MECHETTI. Vienna FOUNDED in 1795 by Carlo Mechetti as a dealer; since 1807 in partnership with his nephew, Pietro; the publishing firm styled Carlo Mechetti & Neffe in 1809; after Carlo's death in 1811, Pietro became sole owner; he was succeeded in 1850 by his widow, Therese; c. 1855 the firm was taken over by A. Diabelli & co. (cp. Peter Cappi).

Insurance and asset holdings are modeled as the jointly determined outcomes of a constrained optimization problem. Consequently, (1) full coverage may be optimal despite limited premium loading, (2) insurance is normal if insurable assets are normal, (3) insurance cannot be a Giffen good, and (4) insurance is a complement to price‐elastic assets.

In the view of most economists, highways and streets are “public goods,” not amenable to ordinary market competition. The present papers argues, to the contrary, that these thoroughfares are conducive to competitiveness, and then applies these insights to automobile insurance and price controls.

The purpose of this study was to compare major corporations’ web sites both in the USA and in South Korea to identify the differences in features posted on their home pages and to examine the relationship between the features and the theoretical public relations model.

Content analysis of two countries’ 30 corporate web sites based on Grunig's public relations model.

The two countries’ corporations predominantly practised press agentry and a public information model from the perspective of a public relations theoretical model. In general, US corporations post more promotional and informative information related to products or services than South Korean corporations.

Future studies of the world wide web should be extended to public relations practitioners, who are making and maintaining the web sites.

It appears that many corporate home pages, in both countries, have not made use of the powerful tool of two‐way communication for monitoring what others are saying about the corporations, since most corporations are more likely to focus on displaying one‐way promotional features than on building relationships between organizations and their public.

Although the world wide web is a new communication medium, it appears that public relations practitioners still see media relations and image building as the most prominent responsibilities of public relations.