We study a retail benchmarking approach to determine access prices forinterconnected networks. Instead of considering fixed access charges asin the existing literature, we study access pricing rules that determinethe access price that network i pays to network j as a linear functionof the...

We study competition among upstream firms when each of them sells aportfolio of distinct products and the downstream has a limited numberof slots (or shelf space). In this situation, we study how bundlinga¤ects competition for slots. When the downstream has k number ofslots, social e¢ ciency...

We study how access pricing affects network competition when consumers'subscription demand is elastic and networks compete with non-linearprices and can use termination-based price discrimination. In the caseof a fixed per minute termination charge, our model generalizes theresults of Gans and...

This article offers an explanation of why firms' downsizing patterns may vary substantially in magnitude and timing, taking the form of one-time massive cuts, waves of layoffs, or zero layoff policies. The key element of this theory is that workers' expectations about their job security affect...