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...

<Para ID="Par1">In 1996, The Federal Communications Commission (FCC) prescribed total element long-run incremental cost (TELRIC) to determine rates incumbent local exchange carriers (ILECs) charge for most mandated wholesale services. TELRIC, which bases prices on a hypothetical incumbent that serves current...</para>

Qualitative choice models, such as the logit model, can capture important firm and product asymmetries. This paper surveys use of the logit model in industrial organization, with special focus on its application to merger analysis. The basic model and its motivation are reviewed, as is its...

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...

Michael Crew and David Parker have compiled a comprehensive, up-to-date and detailed analytical work on leading research issues in the economics of regulation. With contributions from international specialists in economic regulation, the Handbook provides a comprehensive discussion of major...

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...