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 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...

We consider a dynamic model where traders in each period are matched randomly into pairs who then bargain about the division of a fixed surplus. When agreement is reached the traders leave the market. Traders who do not come to an agreement return next period in which they will be matched again,...