Common carriage was the primary concept of communications regulation in 20th century, and it may very well be the primary concept in the future. The vintage of common carriage is likely more of an indication of its enduring strength rather than it being a weakness. In this paper, we focus on a...

Consumers and producers frequently rely on product ratings, such as college rankings, restaurant reviews and bond ratings. While much has been written about the structure of ratings in particular industries, little has been written on the general structure of different ratings industries and...

Over the past twenty years, the Federal Communications Commission and the Department of Justice have reviewed many mergers in the communications sector. Without quantitative analyses, the federal agencies have consistently defined unchanging separate relevant markets for wireline and wireless...

Economists have long noted the importance of clear laws and property rights to facilitate transactions and promote economic activity and growth. Intellectual property including copyrights is part of the fabric of property both in the United States and around the world. Empirical studies support...