This special issue of the Review of Network Economics is dedicated to celebrating the achievements of Professor Alfred Kahn in commemoration of his 90th birthday. The articles in this special issue examine a range of topics in the economics of regulation, antitrust and public policy, as applied...

This special issue of the Review of Network Economics is dedicated to celebrating the achievements of Professor Alfred Kahn in commemoration of his 90th; birthday. The articles in this special issue examine a range of topics in the economics of regulation, antitrust and public policy, as applied...

Since the 1990s, local exchange telecommunications carriers (LECs) have been subject to incentive regulation plans. This paper discusses theoretical and practical aspects of the evolution of price regulation as retail competition increases and as regulators mandate extensive availability of...

This paper addresses the fundamental question of what costs and prices would look like under competitive conditions and how close the FCC's total element long-run incremental cost (TELRIC) pricing rules allow one to approximate such competitive outcomes. We consider: what types of firms would...

This paper addresses the fundamental question of what costs and prices would look like under competitive conditions and how close the FCC's total element long-run incremental cost (TELRIC) pricing rules allow one to approximate such competitive outcomes. We consider: what types of firms would...

Since the 1990s, local exchange telecommunications carriers (LECs) have been subject to incentive regulation plans. This paper discusses theoretical and practical aspects of the evolution of price regulation as retail competition increases and as regulators mandate extensive availability of...

Trade-offs between imitation and innovation create natural tensions in the design of competition policy for the telecommunications industry. We explore the relationship between the prices of unbundled network elements (UNEs) and static/dynamic efficiency. We find that even when UNEs are priced...

This paper explores the role of the essential facilities doctrine in circumscribing the scope of network sharing obligations in telecommunications. Among other things it argues that a proper application of the doctrine of essential facilities should recognize the prominence of dynamic over...

The Supreme Court's decision in Verizon v. FCC rests on two errant interpretations of the 1996 Telecommunications Act: First, the Act represents a new form of regulation rather than a deregulatory statute; Second, Congress intended that the playing field be tilted in favor of new entrants. Under...

We use a Cournot model with complementary demands to derive sufficient conditions for mergers that increase market concentration and multi-market participation to lower prices, raise industry profits and hence increase economic welfare. Notably, these findings do not depend upon the realization...