Curriculum Vitae
Richard Schmalensee
John C Head III Dean and
Professor of Economics and Management
MIT Room E52-473, 50 Memorial
Drive 20 Malia Terrace
Cambridge, Massachusetts
02142 Chestnut
Hill, Massachusetts 02467
(617) 253-2957, fax: 258-6617 (617) 566-0664,
fax: 566-6492
email: rschmal@mit.edu
EDUCATION:
MASSACHUSETTS INSTITUTE OF
TECHNOLOGY
S.B., Economics, Politics and
Science, 1965
Ph.D., Economics, 1970
EMPLOYMENT:
MASSACHUSETTS INSTITUTE OF
TECHNOLOGY
2001- John C Head III Dean, Sloan School of
Management
1998-00 Dean, Sloan School of Management
(Interim, July-October 1998)
1996-98 Deputy Dean, Sloan School of Management
1991- 99 Director,
Center for Energy and Environmental Policy Research
1988-99 Gordon Y Billard Professor of Economics
and Management
1986- Professor, Department of Economics
1979- Professor, Sloan School of Management
1977-79 Associate Professor, Sloan School of
Management
1970 Assistant Professor, Sloan School of
Management (Spring)
1967-69 Instructor, Sloan School of Management
PRESIDENT'S COUNCIL OF
ECONOMIC ADVISORS
1989-91 Member
1967 Junior Staff Economist (Summer)
UNIVERSITY OF CALIFORNIA, SAN
DIEGO
1974-77 Associate Professor, Department of
Economics
1970-74 Assistant Professor, Department of
Economics
VISITING APPOINTMENTS:
1985-86 Visiting Professor, Harvard Business
School
1985 Visiting Professor, CORE, University
of Louvain, Belgium (Spring)
1980-81 Visiting Scholar, Department of
Economics, Harvard University
1973-74 Visiting Associate Professor and Research
Fellow, Department of Economics,
University of Louvain,
Belgium
EDITORIAL SERVICE:
Editorial
Board: Journal of Economics and
Management Strategy, 1992-98
Associate
Editor: Journal of Economic Perspectives,
1992-98
Associate
Editor: Zeitschrift für Nationalökonomie,
1987-89, 1993-
Associate
Editor: International Journal of
Industrial Organization, 1982-89
Board
of Editors: American Economic Review,
1982-86
Founding
Editor, 1978-89; Co-Editor, 1989-: MIT Press Series, Regulation of Economic Activity
Associate
Editor, 1977-81; Board of Editors, 1981-89: Journal
of Industrial Economics
PROFESSIONAL ASSOCIATIONS:
American Economic Association: Executive Committee, 1993-95; Budget Committee, 1993-95; Nominating Committee, 1987; Advisory Committee on Meetings Program, 1986, 1989, 1994
Econometric
Society: Chair, Local Arrangements Committee, 1985 World Congress; Chair,
Program Committee, 1980 North American Fall Meeting; Program Committee, 1980
World Congress
Second
World Congress of Environmental Economists, Program Committee, 2002
CONSULTATION AND GOVERNMENT SERVICE
(SELECTED):
National
Academies/National Research Council: Committee for the Study of Transportation
and a Sustainable Environment, 1994-97; Committee on National Statistics,
1998-2001; Panel on Conceptual, Measurement, and Other Statistical Issues in
Developing Cost-of-Living Indexes, 1999-2001; Coordinating Committee on the
Transition to Sustainability, 2000-2001
U.S. Environmental Protection Agency: Environmental Economics Advisory Committee, 1992-96, 1998; Clean Air Act Compliance Analysis Council, 1992-98, Chairman 1992-96
NERA
Economic Consulting: Special Consultant 1981-89, 1991-
Antitrust
Division, U.S. Department of Justice, consultant, 1991-92 (1992 Merger
Guidelines)
Bureau
of Economics, U.S. Federal Trade Commission, consultant, 1972-81 (Antitrust
Policy)
AWARDS AND OTHER PROFESSIONAL ACTIVITIES:
European
Investment Bank Lecture, European University Institute, 2002
International
Research Fellow, Kiel Institute for World Economics, 2001-
Fathauer
Lecture in Political Economy, University of Arizona, 2000
Member,
International Academy of Management, 1998-
Fellow:
American Academy of Arts and Sciences, 1995-
Edward
A. Hewett Prize, American Association for the Advancement of Slavic Studies
(with P.L. Joskow and N. Tsukanova), 1995
Revista de Análisis Económico
Lecture, Econometric Society Latin American Meeting, 1994
Research
Associate: National Bureau of Economic Research, 1992-
Board of Directors: Long Island Lighting Company, 1992-98; International Securities Exchange, 2000-; MFS Investment Management, 2002-
Donald
Gilbert Memorial Lecture, University of Rochester, 1992
American
Council for Capital Formation Center for Policy Research: Board of Directors,
1991-;
Environmental Policy Fellow, 1997-98
Fellow,
Econometric Society, 1982-
BOOKS WRITTEN:
The Economics of Advertising
(Vol. 80, Contributions to Economic Analysis), Amsterdam: North-Holland, 1972.
Applied Microeconomics: Problems in
Estimation, Forecasting and Decision-Making, San
Francisco: Holden-Day, 1973.
An Introduction to Applied Macroeconomics
(with E. Kuh), Amsterdam:
North-Holland, 1973. Japanese Ed., Tokyo: McGraw-Hill Kogakusha, 1975.
The Control of Natural Monopolies,
Lexington: D.C. Heath (Lexington Books), 1979.
Markets for Power: An Analysis of
Electric Utility Deregulation (with
P. L. Joskow), Cambridge: MIT Press, 1983.
Economics,
2nd Ed. (with S. Fischer and R. Dornbusch), New York: McGraw-Hill, 1988.
Paying with Plastic: The Digital
Revolution in Buying and Borrowing (with D.S. Evans),
Cambridge: MIT Press, 1999.
Markets for Clean Air: The U.S. Acid Rain
Program (with A.D. Ellerman, P.L. Joskow, J.P. Montero,
and E.M. Bailey), Cambridge: Cambridge University Press, 2000.
Did Microsoft Harm Consumers? Two
Opposing Views (with D.S. Evans; F.M. Fisher and D.L.
Rubinfeld), Washington: AEI Press, 2000.
BOOKS EDITED:
The Empirical Renaissance in Industrial
Economics (ed., with T. F. Bresnahan), Oxford:
Basil Blackwell, 1987.
Handbook of Industrial Organization
(ed., with R. D. Willig), Amsterdam: North-Holland, 1989.
Management:
Inventing and Delivering Its Future (ed., with T.A.
Kochan), Cambridge: MIT Press, 2003.
JOURNAL ARTICLES:
"Regulation
and the Durability of Goods." Bell
Journal of Economics and Management Science, 1 (Spring 1970): 54-64.
"Consumer's
Surplus and Producer's Goods." American
Economic Review, 61 (September 1971): 682-687.
"A
Note on Monopolistic Competition and Excess Capacity." Journal of Political Economy, 80
(May/June 1972): 586-591.
"Option
Demand and Consumer's Surplus: Valuing Price Changes Under Uncertainty." American Economic Review, 62 (December
1972): 813‑824.
"A
Note on the Theory of Vertical Integration." Journal of Political Economy, 81 (March/April 1973): 442-449.
"Brand
Loyalty and Barriers to Entry." Southern
Economic Journal, 40 (April 1974): 579-588.
"Market
Structure, Durability, and Maintenance Effort." Review of Economic Studies, 41 (April 1974): 277-287.
"Estimating
the Costs and Benefits of Utility Regulation." Quarterly Review of Economics and Business, 14 (Summer 1974):
51-64.
"Consumer
Behavior versus Economic Theory." Recherches
Economiques de Louvain, 40 (September 1974): 261-276.
"Alternative
Models of Bandit Selection." Journal
of Economic Theory, 10 (June 1975): 333-342.
"An
Experimental Study of Expectation Formation." Econometrica, 44 (January 1976): 17-41.
"Another
Look at the Social Valuation of Input Price Changes." American Economic Review, 66 (March 1976): 239-243.
"Resource
Exploitation Theory and the Behavior of the Oil Cartel." European Economic Review, 7 (April
1976): 257-279.
"Advertising
and Profitability: Further Implications
of the Null Hypothesis." Journal of
Industrial Economics, 25 (September 1976): 45-54.
"A
Model of Promotional Competition in Oligopoly." Review of Economic Studies, 43 (October 1976): 493-507.
"Is
More Competition Necessarily Good?" Industrial
Organization Review, 4 (1976): 120-121.
"Public
Investment Criteria, Insurance Markets, and Income Taxes." Journal of Public Economics, 6 (November
1976): 425-445.
"Valuing
Changes in Regulated Firms' Input Prices." Southern Economic Journal, 43 (January 1977): 1346-1351.
"Using
the H Index of Concentration with Published Data." Review of Economics and Statistics, 59 (May 1977): 186-193.
"Comparative
Static Properties of Regulated Airline Oligopolies." Bell Journal of Economics, 8 (Autumn 1977): 565-576.
"Nonconvexity
and Optimal Exhaustion of Renewable Resources" (with
T. R. Lewis). International Economic
Review, 18 (October 1977): 535‑552.
"Common
Stock Volatility Expectations Implied by Option Premia" (with
R. R. Trippi). Journal of
Finance, 33 (March 1978): 129-147.
"A
Note on Economies of Scale and Natural Monopoly in the Distribution of Public
Utility Services." Bell Journal of
Economics, 9 (Spring 1978): 270-276.
"A
Model of Advertising and Product Quality." Journal of Political Economy, 87 (June 1978): 485-504.
"Life-Cycle
Costing for Consumers of Energy-Conserving Devices" (with
S. S. Penner and M. R. Brambley). Energy,
3 (July/August 1978): 415‑419.
"Entry
Deterrence in the Ready-to-Eat Breakfast Cereal Industry." Bell Journal of Economics, 9 (Autumn
1978): 305-327. Reprinted in Market Strategy and Structure (J.M.A.
Gee and G. Norman, eds.), London: Harvester Wheatsheaf, 1992, pp. 84-111.
"Market
Structure, Durability, and Quality: A Selective Survey." Economic Inquiry, 17 (April 1979):
177-198.
"On
the Use of Economic Models in Antitrust:
The ReaLemon Case." University
of Pennsylvania Law Review, 127 (April 1979): 994-1050. Reprinted in Antitrust Law and Economics (O. E. Williamson, ed.), Houston:
Dame, 1980, pp. 97-153.
"Nonconvexity
and Optimal Harvesting Strategies for Renewable Resources" (with T. R.
Lewis). Canadian Journal of Economics,
12 (November 1979): 677-691.
"Appropriate
Government Policy Toward Commercialization of New Energy Supply
Technologies." Energy Journal, 1
(April 1980): 1-40.
"Advertising
and Aggregate Consumption: An Analysis
of Causality" (with R. Ashley and C. W. J. Granger). Econometrica, 48 (July 1980): 1149‑1168.
"On
Oligopolistic Markets for Nonrenewable Natural Resources" (with
T. R. Lewis). Quarterly Journal
of Economics, 95 (November 1980): 475‑491.
"Qualitative
Asymptotic Synthesis in Simple Optimal Control Problems." Economic Letters, 5 (1980): 349-352.
"Output
and Welfare Implications of Monopolistic Third-Degree Price
Discrimination." American Economic
Review, 71 (March 1981): 242‑247.
"Risk
and Return on Long-Lived Tangible Assets." Journal of Financial Economics, 9 (June 1981): 185-205.
"Monopolistic
Two-Part Pricing Arrangements." Bell
Journal of Economics, 11 (Autumn 1981): 445-466.
"Economies
of Scale and Barriers to Entry." Journal
of Political Economy, 89 (December 1981): 1228-1238.
"Commodity
Bundling by Single-Product Monopolies." Journal of Law and Economics, 25 (April 1982): 67-71.
"Antitrust
and the New Industrial Economics." American
Economic Review, 72 (May 1982): 24-28.
"Cartel
Deception in Markets for Nonrenewable Resources" (with
T. R. Lewis). Bell Journal of
Economics, 13 (Spring 1982): 263-271.
"Another
Look at Market Power." Harvard Law
Review, 95 (June 1982): 1789-1816.
"Product
Differentiation Advantages of Pioneering Brands." American Economic Review, 72 (June 1982): 349-365. ("Errata," AER, 73 (March 1983): 250).
"George
Stigler's Contributions to Economics." Scandinavian
Journal of Economics, 85 (March 1983): 77-86.
"Advertising
and Entry Deterrence: An Exploratory Model." Journal of Political Economy, 91 (August 1983): 636-653.
"The
Impact of Scale and Media Mix on Advertising Agency Costs" (with
A. J. Silk and R. Bojanek). Journal
of Business, 56 (October 1983): 453-475.
"Gaussian
Demand and Commodity Bundling." Journal
of Business, 57 (January 1984): S211-S230.
"Estimating
Effective Concentration in Deregulated Wholesale Electricity Markets"
(with B. W. Golub). RAND
Journal of Economics, 15 (Spring 1984): 12-26.
"Imperfect
Information and the Equitability of Competitive Prices." Quarterly Journal of Economics, 99
(August 1984): 441-460.
"Adversary
Hydro Relicensing Applications: Using Economic Efficiency Criteria" (with
P. L. Joskow). Public Utilities
Fortnightly, 114 (20 December 1984): 22-28.
"Econometric
Diagnosis of Competitive Localization." International Journal of Industrial Organization, 3 (March 1985):
57-70.
"Do
Markets Differ Much?" American
Economic Review, 75 (June 1985): 341-351.
"Estimated
Parameters as Independent Variables: An Application to the Costs of Electric
Generating Units" (with P. L. Joskow). Journal
of Econometrics, 31 (April 1986): 275-305.
"Incentive
Regulation for Electric Utilities" (with P. L. Joskow). Yale Journal on Regulation, 4 (Fall
1986): 1-49.
"The
Empirical Renaissance in Industrial Economics: An Overview" (with
T. F. Bresnahan). Journal of
Industrial Economics, 35 (June 1987): 371‑378.
"Collusion
versus Differential Efficiency: Testing Alternative Hypotheses." Journal of Industrial Economics, 35
(June 1987): 399-425.
"Ease
of Entry: Has the Concept Been Too Readily Applied?" Antitrust Law Journal, 56 (1987): 41-51.
"The
Performance of Coal-Burning Electric Generating Units in the United States:
1960-1980" (with P. L. Joskow). Journal
of Applied Econometrics, 2 (April 1987): 85-109.
"Horizontal
Merger Policy: Problems and Changes." Journal
of Economic Perspectives, 1 (Fall 1987): 41-54.
"Competitive
Advantage and Collusive Optima." International
Journal of Industrial Organization, 5 (December 1987): 351-367.
"Industrial
Economics: An Overview." Economic
Journal, 98 (September 1988): 643-681.
Reprinted in Surveys in Economics,
Vol. 2 (A.J. Oswald, Editor), Oxford: Basil Blackwell, 1991, pp. 51-89.
"Perceptual
Maps and the Optimal Location of New Products: An Integrative Essay" (with
J.‑F. Thisse). International
Journal of Research in Marketing, 5 (1988): 225-249.
"Intra-Industry
Profitability Differences in U.S. Manufacturing: 1953-1983." Journal of Industrial Economics, 37
(June 1989): 337-357.
"An
Expository Note on Depreciation and Profitability under Rate-of-Return
Regulation." Journal of Regulatory
Economics, 1 (September 1989): 293-298.
"Good
Regulatory Regimes." RAND Journal of
Economics, 20 (Autumn 1989): 417-436.
"Continuity
and Change in the Economics Industry." Economic
Journal, 101 (January 1991): 115-121.
Reprinted in The Future of Economics
(J.D. Hey, ed.), Oxford: Basil Blackwell, 1992, pp. 115-121.
"Sunk
Cost and Market Structure: A Review Article." Journal of Industrial Economics, 40 (June 1992): 125-134.
"Comparing
Greenhouse Gases for Policy Purposes." Energy
Journal, 14 (1993): 245-255.
"Symposium
on Global Climate Change." Journal
of Economic Perspectives, 7 (Fall 1993): 3-10.
"Competition
Policy in Russia During and After Privatization" (with P.L. Joskow and N.
Tsukanova). Brookings Papers on Economic
Activity, Microeconomics, 1994: 301-374. [Awarded the 1995 Edward A. Hewett
Prize by the American Association for the Advancement of Slavic Studies.]
"Economic
Aspects of Payment Card Systems and Antitrust Policy Toward Joint
Ventures" (with D.S. Evans). Antitrust Law Journal, 63 (Spring 1995):
861-901.
"The
Benefits of Releasing the Bell Companies from the Interexchange
Restrictions" (with P.S. Brandon). Managerial
and Decision Economics, 16 (July-August 1995): 349-364.
"Privatization
in Russia: What Should Be a Firm?" (with P.L. Joskow). International Journal of the Economics of
Business, 2 (1995): 297-327.
Reprinted in Transaction Cost
Economics: Recent Developments (C. Menard, ed.), Brookfield, VT: Edward
Elgar, 1997, pp. 86-126.
"What
Have We Learned About Privatization and Regulatory Reform?" Revista de Análisis Económico, 10
(November 1995): 21-39. (Remarks in
Roundtable Discussion, pp. 303-312.)
Is
There a Role for Benefit-Cost Analysis in Environmental Health and Safety
Regulation? (with K.J. Arrow, M.L.
Cropper, G.C Eads, R.W. Hahn, L.B. Lave, R.G. Noll, P.R. Portney, M. Russell,
V.K. Smith, and R.N. Stavins). Science, 272 (12 April 1996):
221-222. Reprinted in Economics of the Environment: Selected
Readings, 4th Ed. (R.N. Stavins, ed.), New York: Norton, 1999.
pp. 319-324.
World
Carbon Dioxide Emissions: 1950-2050 (with T.M. Stoker and R.A. Judson). Review of Economics and Statistics, 80
(February 1998): 15-27.
The
Political Economy of Market-Based Environmental Policy: The US Acid Rain
Policy (with P.L. Joskow). Journal of Law and Economics, 41 (April
1998): 37-83. Reprinted in Economics of
the Environment: Selected Readings, 4th Ed. (R.N. Stavins, ed.),
New York: Norton, 1999, pp. 603-645.
Some
Economic Principles for Guiding Antitrust Policy Towards Joint Ventures (with
H. Chang and D.S. Evans). Columbia Business Law Review, 1998
(1998): 223-329.
An
Analysis of the Welfare Effects of Long-Distance Market Entry by an Integrated
Access and Long-Distance Provider (with P.J. Hinton, J.D. Zona, and W.E.
Taylor). Journal of Regulatory Economics, 13 (March 1998): 183-196.
An
Interim Evaluation of Sulfur Dioxide Emissions Trading (with P.L. Joskow, A.D.
Ellerman, J.-P. Montero, and E.M Bailey). Journal
of Economic Perspectives, 12 (Summer 1998): 53-68. Reprinted in Economics of the Environment: Selected
Readings, 4th Ed. (R.N. Stavins, ed.), New York: Norton, 1999,
pp. 455-471.
The
Market for Sulfur Dioxide Emissions (with P.L. Joskow and E.M Bailey). American Economic Review, 88 (September
1998): 669-685.
Household
Gasoline Demand in the United States (with T.M. Stoker). Econometrica, 67 (May 1999): 645-662.
Economic
Development and the Structure of the Demand for Commercial Energy (with R.A.
Judson and T.M. Stoker). Energy Journal,
20 (1999): 29-57.
Bill Baxter in the Antitrust Arena: An
Economists Appreciation. Stanford Law
Review, 51 (May 1999): 1317-1332.
Antitrust
Issues in Schumpeterian Industries. American
Economic Review, 90 (May 2000): 192-196.
An
Analysis of the Governments Economic Case in U.S. v. Microsoft (with
D.S. Evans and A.L. Nichols). Antitrust Bulletin, Summer 2001, pp.
163-531. Reprinted in Microsoft,
Antitrust and the New Economy: Selected Essays (D.S. Evans, ed.), Boston:
Kluwer: 2002.
Payment
Systems and Interchange Fees, Journal of Industrial Economics, 50 (June
2002): 103-122.
CHAPTERS IN BOOKS:
"Advertising
and Economic Welfare." In Advertising and the Public Interest
(S. F. Divita, ed.), Chicago:
American Marketing Association, 1974, pp. 82-97.
"Promoting
Competition in Tomorrow's Markets for Solar Energy Systems." In The Solar Market: Proceedings of the Symposium on Competition in the Solar Energy
Industry, U.S. Federal Trade Commission, Washington, D.C.: U.S. Government Printing Office, 1978, pp.
119-135.
"Cartel
and Oligopoly Pricing of Nonreplenishable Natural Resources" (with T.R.
Lewis). In Dynamic Optimization and
Mathematical Economics (P. T. Liu, ed.), New York: Plenum, 1980, pp. 133-156.
"The
New Industrial Organization and the Economic Analysis of Modern Markets."
In Advances in Economic Theory (W.
Hildenbrand, ed.), Cambridge: Cambridge University Press, 1982, pp. 253-285.
"Optimal
Use of Renewable Resources with Nonconvexities in Production" (with T.R.
Lewis). In Essays in the Economics of Renewable Resources (J. Mirman and
D.F. Spulber, eds.), Amsterdam: North-Holland, 1982, pp. 95-111.
"Advertising
and Market Structure." In New Developments in the Analysis of Market
Structure (J. E. Stiglitz and G. F. Mathewson, eds.), Cambridge: MIT Press,
1986, pp. 373-396.
"Standards
for Dominant Firm Conduct: What Can Economics Contribute?" In The Economics of Market Dominance
(D. Hay and J. Vickers, eds.), Oxford:
Basil Blackwell, 1987, pp. 61-88.
"Advertising."
In The New Palgrave, Vol. 1 (J.
Eatwell, M. Milgate, and P. Newman, eds.), New York: Macmillan, 1987, pp.
34-36.
"Industrial
Organization." In The New Palgrave, Vol. 2 (J. Eatwell, M.
Milgate, and P. Newman, eds.), New York: Macmillan, 1987, pp. 803-808.
"George
Stigler's Contributions to Microeconomics and Industrial Organization." In
The New Palgrave, Vol. 4 (J. Eatwell,
M. Milgate, and P. Newman, eds.), New York:
Macmillan, 1987, pp. 499-500.
"The
Potential of Incentive Regulation." In The
Market for Energy (D. Helm, J. Kay, and D. Thompson, eds.), Oxford:
Clarendon Press, 1989, pp. 178-187.
"Inter-Industry
Studies of Structure and Performance."
In Handbook of
Industrial Organization, Vol. 2 (R. Schmalensee and
R. D. Willig, eds.), Amsterdam:
North-Holland, 1989, pp. 951-1009.
"Empirical
Models of Rivalrous Behavior." In Industrial Structure in the New Industrial
Economics (G. Bonanno and D. Brandolini, eds.), Oxford: Oxford University
Press, 1990, pp. 138-167.
"Economías
del Tamaño Empresarial y Poder de Mercado" and "Innovación y Posición
Competitiva." In Concentración Empresarial y Competitividad:
España en la C.E.E. (Xavier Vives and Jordi Gual, eds.), Barcelona: Ariel
Economía, 1990, pp. 55-67 and 119-131.
"Agreements
Between Competitors." In Antitrust,
Innovation, and Competitiveness (T. M. Jorde and D. J. Teece, eds.),
Oxford: Oxford University Press, 1992, pp. 98-118.
"How
Should We Address Economic Costs of Climate Change?" In Global
Climate Change: The Economic Costs of Mitigation and Adaptation (J.C.
White, ed.), New York: Elsevier, 1991, pp. 73-76.
"The
Costs of Environmental Protection."
In Balancing Economic Growth and
Environmental Goals, Washington: American Council for Capital Formation
Center for Policy Research, 1994, pp. 55-80.
(Italian translation: "I costi della protezione abientale," Energia, 15 (December 1994): 30-48.)
What
Does Stabilizing Greenhouse Gas Concentrations Mean? (with H.D. Jacoby and
D.M. Reiner). In Critical Issues in the Economics of Climate Change (B.P. Flannery
and C.A.B. Grezo, eds.), London: IPIECA, 1997, pp. 225-244.
Tradable
Emissions Rights and Joint Implementation for Greenhouse Gas Abatement: A Look
Under the Hood. In The Impact of Climate Change Policy on
Consumers: Can Tradable Permits Reduce the Cost? (C.E. Walker, M.A.
Bloomfield, and M. Thorning, eds.), Washington: American Council for Capital
Formation, 1998, pp. 39-55.
Greenhouse
Policy Architectures and Institutions. In Economics
and Policy Issues in Climate Change (W.D. Nordhaus, ed.), Washington:
Resources for the Future, 1998, pp. 137-158.
Joint
Venture Membership: Visa and Discover Card (1993) (with D.S. Evans). In The Antitrust Revolution, 3rd Ed.
(J. Kwoka and L. White, eds.), Oxford: Oxford University Press, 1998, pp.
286-309.
The
Economics of the Microsoft Case: A Post-Trial Primer (with D.S. Evans). In Trial
and Error: United States v. Microsoft (P. Beckner and E.R. Gustafson,
eds.), Washington: Citizens for a Sound Economy, 2001, pp. 70-86.
Some
Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries
(with D.S. Evans). In Innovation Policy and the Economy, Vol. 2 (A.
Jaffe, J. Lerner, and S. Stern, eds.), Cambridge: MIT Press, 2002, pp. 1-49.
Introduction
(with T.A. Kochan). In Management:
Inventing and Delivering Its Future (T.A. Kochan and R. Schmalensee, eds.),
Cambridge: MIT Press, 2003, pp. 1-13.
Has
the Consumer Harm Standard Lost its Teeth? (with H.H. Chang and D.S. Evans).
In High-Stakes Antitrust: The Last Hurrah? (R.W. Hahn, ed.), Washington:
Brookings Institution Press, 2003, pp. 72-116.
OTHER PUBLICATIONS:
"The
Computer Model of Energy Production without Fast Breeder Reactors" and
"The Computer Model of Fast Breeder Demands and Prices" (with
P. W. MacAvoy). Appendices E and F in P.W. MacAvoy, Economic Strategy for Developing Nuclear
Breeder Reactor, Cambridge: MIT Press, 1969, pp. 186-199.
"Theory,
Fact, and Policy: A Reply to Professor Barten." Recherches Economiques de Louvain, 41 (March 1975): 63-66.
Measuring External Effects of Solid Waste
Management (with R. Ramanthan, W. Ramm, and D. Smallwood).
Washington, D.C.: U.S. Environmental Protection Agency, Socioeconomic
Environmental Studies Series, 1975.
"Option
Demand and Consumer's Surplus: Reply." American
Economic Review, 65 (September 1975): 737-739.
"Advertising,
Concentration, and Profits: Comment." In Issues in Advertising: The Economics of Persuasion (D. C. Tuerck,
ed.), Washington, D.C.: American Enterprise Institute, 1978, pp. 280-284.
"Remarks."
In The Conglomerate Corporation (R.
D. Blair and R. F. Lanzillotti, eds.), Cambridge: Oelgeschlager, Gunn &
Hain, 1981, pp. 365-368.
"Income-Distributional
Concerns in Regulatory Policymaking: Comment." In Studies in Public Regulation (G. Fromm, ed.), Cambridge: MIT
Press, 1981, pp. 112-117.
"Comment
on Beales, Craswell, and Salop." Journal
of Law and Economics, 24 (December 1981): 541-544.
Review
of C. C. von Weizsacker, Barriers to
Entry. Journal of Economic Literature,
21 (June 1983): 562-564.
"Comments."
In Telecommunications Access and Public
Policy (A. Baughcum and G. R. Faulhaber, eds.), Norwood, N.J.: Ablex, 1984,
pp. 76-80.
Review
of D. J. Teece, ed., The Competitive
Challenge. Journal of Economic
Literature, 26 (December 1988): 1779-1780.
"Regulation
and Antitrust in the Bush Administration." Antitrust Law Journal, 58 (1989): 475-480.
"Comment
on Katz and Ordover." Brookings
Papers on Economic Activity: Microeconomics, 1990: 194-197.
"Commentary."
In Environmental Policy and the Cost of
Capital, Washington: American Council for Capital Formation Center for
Policy Research, 1990, pp. 104-7.
"Comment
on Mannering and Winston." Brookings
Papers on Economic Activity: Microeconomics, 1991: 107-110.
"A
Comprehensive and Balanced Energy Policy." Environmental Forum, 8 (May/June 1991): 41-42.
"Commentary."
In U.S. Environmental Policy and Economic
Growth: How Do We Fare? Washington: American Council for Capital Formation
Center for Policy Research, 1992, pp. 48-51.
The Economics of the Payment Card
Industry (with D.S. Evans). Cambridge: National Economic
Research Associates, Inc., 1993.
Review
of J. Broome, Counting the Cost of Global
Warming; William R. Cline, The
Economics of Global Warming; and Alan S. Manne and Richard G. Richels, Buying Greenhouse Insurance: The Economic
Costs of CO2 Limits. Journal
of Economic Literature, 32 (June 1994): 738-741.
"Green
Costs and Benefits: The Buck Stops Where?" In Environment Strategy America 1994/95 (W.K. Reilly, ed.), London:
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