Articles

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Network Neutrality on the Internet: A Two-sided Market Analysis (with Joacim Tag), Information Economics and Policy (2012)

We discuss network neutrality regulation of the Internet in the context of a two-sided market...

 

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The Economics of Network Neutrality (with Benjamin Hermalin), Rand Journal of Economics (2012)

Pricing of Internet access has been characterized by two properties: Parties are directly billed only...

 

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Broadband Openness Rules Are Fully Justified by Economic Research, COMMUNICATIONS & STRATEGIES (2011)

This paper is an outgrowth of the filings in the FCC's broadband openness proceeding that...

 

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A Critical Appraisal of Remedies in the E.U. Microsoft Cases (with Ioannis Lianos), Columbia Business Law Review (2010)

We discuss and compare the remedies from the European Union’s two cases against Microsoft. The...

 

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The Elusive Antitrust Standard on Bundling in Europe and in the United States at the Aftermath of the Microsoft Cases (with Ioannis Lianos), Antitrust Law Journal (2009)

This study analyzes and contrasts the U.S. and EU antitrust standards on bundling (in its...

 

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Loyalty/Requirement Rebates and the Antitrust Modernization Commission: What is the Appropriate Liability Standard?, Antitrust Bulletin (2009)

I discuss and assess the various standards for establishing liability for loyalty discounts offered under...

 

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Quantifying the Benefits of Entry into Local Phone Service (with Katja Seim and V. Brian Viard), Rand Journal of Economics (2008)

In this paper, we evaluate the consumer welfare effects of entry into residential local phone...

 

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“Net Neutrality,” Non-Discrimination and Digital Distribution of Content Through the Internet, New York University Law and Economics Working Papers (2008)

The vast majority of US residential consumers face a monopoly or duopoly in broadband Internet...

 

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Patents and Antitrust: Application to Adjacent Market (with Wiiliam N. Hebert), Journal on Telecommunications & High Technology Law (2008)

We examine the intersection of patents and antitrust where a patent holder uses the monopoly...

 

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Hit and Miss: Leverage, Sacrifice, and Refusal to Deal in the Supreme Court Decision in Trinko, Vanderbilt Journal of Entertainment and Technology Law (2007)

Under the rules of the Telecommunications Act of 1996, incumbent local exchange carriers, including Verizon,...

 

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Economics of the Internet, The New Palgrave Dictionary of Economics, London: Macmillan, 2007 (2007)

We discuss salient economic aspects of the Internet, including the possible abolition of net neutrality...

 

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Two-Sided Competition of Proprietary vs. Open Source Technology Platforms and the Implications for the Software Industry (with Evangelos Katsamakas), Management Science (2006)

Technology platforms, such as Microsoft Windows, are the hubs of technology industries. We develop a...

 

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"A Parimutuel Market Microstructure for Contingent Claims Trading, European Financial Management (2005)

Parimutuel principles are widely used as an alternative to fixed odds gambling in which a...

 

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Vertical Leverage and the Sacrifice Principle: Why the Supreme Court Got Trinko Wrong, New York University Annual Survey of American Law (2005)

Trinko, a local telecommunications services customer of AT&T, sued Verizon for anti-competitively raising the costs...

 

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Dynamic Oligopoly with Network Effects (with Matthew Mitchell and Andrzej Skrzypacz), UCSC Economics Department Seminars (2004)

We analyze oligopolistic competition in a multi-period dynamic setting for goods with network effects. Two...

 

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The Microsoft Antitrust Case, Journal of Industry, Competition and Trade: From Theory to Policy (2001)

This paper analyzes the law and economics of United States v. Microsoft, a landmark case...

 

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The Microsoft Antitrust Case: Rejoinder, Journal of Industry, Competition and Trade: From Theory to Policy (2001)
 

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The Impact of the Internet on Financial Markets, Journal of Financial Transformation (2001)
 

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Durable Goods Monopoly with Network Externalities with Application to the PC Operating Systems Market, Quarterly Journal of Electronic Commerce (2000)

We analyze a model of multi-period monopoly in durable goods. Taking into consideration the special...

 

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Quality Choice and Vertical Integration, International Journal of Industrial Organization (1999)

We show that, despite coordination in the quality level of the components that they provide,...

 

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The Telecommunications Act of 1996 and Its Impact, Japan and the World Economy (1999)

This paper analyzes the effects on the implementation of the Telecommunications Act of 1996 (“Act”)...

 

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The Incentive for Non-Price Discrimination by an Input Monopolist, International Journal of Industrial Organization (1998)

This paper considers the incentive for non-price discrimination of a monopolist in an input market...

 

Contributions to Books

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Network Neutrality and Network Management Regulation: Quality of Service, Price Discrimination, and Exclusive Contracts (with Joacim Tag), Research Handbook on Governance of the Internet (2012)

We compare four approaches to network neutrality and network management regulation in a two-sided market...

 

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Pricing of Complementary Goods and Network Effects (with V. Brian Viard), Regulation and the Economic Performance of Communication and Information Networks (2011)

This study examines a monopolist of a base good that benefits from a complementary good...

 

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Why Imposing New Tolls on Third-Party Content and Applications Threatens Innovation and Will Not Improve Broadband Providers’ Investment, Net Neutrality: Contributions to the Debate (2011)

While some broadband providers have called Internet content and application providers free riders on their...

 

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Tying, Bundling, and Loyalty/Requirement Rebates, Research Handbook on the Economics of Antitrust Law (2010)

I discuss the impact of tying, bundling, and loyalty/requirement rebates on consumer surplus in the...

 

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Competition Policy Issues in the Consumer Payments Industry, Moving Money: The Future of Consumer Payment (2009)

We discuss the current structure of card networks that facilitate transactions between merchants and consumers....

 

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Public Policy in Network Industries, Handbook of Antitrust Economics (2008)

This chapter discusses how antitrust law and regulatory rules should be applied to network industries....

 

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Strategic Commitments and the Principle of Reciprocity in Interconnection Pricing, The Economics of Digital Markets (2008)

We examine the e¤ects of strategic commitments and network size on equilibrium interconnection fees set...

 

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The Internet and Network Economics, Internet and Digital Economics (2007)
 

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Linux vs. Windows: A Comparison of Application and Platform Innovation Incentives for Open Source and Proprietary Software Platforms (with Evangelos Katsamakas), The Economics of Open Source Software Development (2006)

This paper analyzes and compares the investment incentives of platform and application developers for Linux...

 

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Competition Policy in Network Industries: An Introduction, The New Economy and Beyond: Past, Present and Future (2006)
 

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The Economics of the Internet Backbone, Handbook of Telecommunications Economics (2006)

This chapter discusses the economics of the Internet backbone. I discuss competition on the Internet...

 

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Telecommunications Regulation: An Introduction, The Limits and Complexity of Organizations (2005)
 

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The Tragic Inefficiency of M-ECPR, Down to the Wire: Studies in the Diffusion and Regulation of Telecommunications Technologies (2003)
 

Popular Press

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A National Strategy for the Greek Sovereign Debt, Kathimerini (2011)

The article of Nicholas Economides “A National Strategy for the Greek Sovereign Debt” published in...

 

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How Should a Greek Debt Restructuring be Done and What Are Its Consequences (with Roy C. Smith), Kathimerini (2011)

This article discusses the optimal way to restructure Greek sovereign debt.

 

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Greece must meet its restructuring fate (with Roy Smith), Financial Times (2011)

Greece must restructure its sovereign debt.

 

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Why we need net neutrality, Financial Times (2009)
 

Unpublished Papers

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The Effect of Content on Global Internet Adoption and the Global “Digital Divide" (with V. Brian Viard), NET Institute Working Paper (2011)

A country’s human capital and economic productivity increasingly depend on the Internet due to its...

 

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To Surcharge or Not To Surcharge? A Two-Sided Market Perspective of the No-Surcharge Rule (with David Henriques), NET Institute Working Papers (2011)

In Electronic Payment Networks (EPNs) the No-Surcharge Rule (NSR) requires that merchants charge the same...

 

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Trichet Bonds To Resolve the European Sovereign Debt Problem (with Roy C. Smith), NET Institute Working Papers, #11-01 (2011)

We propose the creation of “Trichet Bonds” as a comprehensive solution to the current sovereign...

 

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The Quest for Appropriate Remedies in the Microsoft Antitrust EU Cases: A Comparative Appraisal (with Ioannis Lianos), NET Institute Working Paper, #09-05 (2009)

The Microsoft cases in the United States and in Europe have been influential in determining...