Details about Richard Schmalensee

Workplace:

Center for Energy and Environmental Policy Research (CEEPR), Sloan School of Management, Massachusetts Institute of Technology (MIT), (more information at EDIRC) Sloan School of Management, Massachusetts Institute of Technology (MIT), (more information at EDIRC) Economics Department, Massachusetts Institute of Technology (MIT), (more information at EDIRC)

Access statistics for papers by Richard Schmalensee.

Last updated 2013-05-14. Update your information in the RePEc Author Service.

Short-id: psc313

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Working Papers

2013

1. The Antitrust Analysis of Multi-Sided Platform Businesses
   NBER Working Papers, National Bureau of Economic Research, Inc

2012

2. The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment
   Working Papers, Fondazione Eni Enrico Mattei
   Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2012)
   NBER Working Papers, National Bureau of Economic Research, Inc (2012)

2011

3. Evaluating Policies to Increase the Generation of Electricity from Renewable Energy
   Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research

2009

4. Renewable Electricity Generation in the United States
   Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research View citations (2)

2007

5. PRICING PATENTS FOR LICENSING IN STANDARD SETTING ORGANIZATIONS: MAKING SENSE OF FRAND COMMITMENTS
   Working Papers, CEMFI View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007)

2005

6. The Economics of Interchange Fees and Their Regulation: An Overview
   Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (17)
   Also in Working paper, Regulation2point0 (2005) View citations (17)
   See also Journal Article in Proceedings – Payments System Research Conferences (2005)
7. The Industrial Organization of Markets with Two-Sided Platforms
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
   See also Journal Article in CPI Journal (2007)
8. U.S. v. Microsoft: Did Consumers Win?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
   Also in Working paper, Regulation2point0 (2005) View citations (3)

2004

9. A SURVEY OF THE ECONOMIC ROLE OF SOFTWARE PLATFORMS IN COMPUTER - BASED INDUSTRIES
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (5)
   Also in CESifo Working Paper Series, CESifo Group Munich (2004) View citations (8)
10. Sunk Costs and Antitrust Barriers to Entry
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (9)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (2004) View citations (9)
    See also Journal Article in American Economic Review (2004)

2001

11. Payment Systems and Interchange Fees
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article in Journal of Industrial Economics (2002)
12. Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    See also Chapter (2002)

1999

13. Regulación por incentivos para las empresas de servicios eléctricos
    Documentos de Trabajo, Departamento de Economía - Pontificia Universidad Católica del Perú

1996

14. Auction Design and the Market for Sulfur Dioxide Emissions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
15. Benefit-Cost Analysis in Environmental, Health, and Safety Regulation: A Statement of Principles
    Working paper, Regulation2point0 View citations (18)
16. Is There a Role for Benefit-Cost Analysis in Environmental, Health, and Safety Regulation?
    Working paper, Regulation2point0 View citations (28)
    See also Journal Article in Environment and Development Economics (1997)

1987

17. Empirical studies of rivalrous behavior
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
18. Inter-industry studies of structure and performance
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
    See also Chapter (1989)

1986

19. Perceptual maps and the optimal location of new products
    CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) View citations (1)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1985) View citations (1)

1985

20. Competitive advantage and collusion
    CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1985)
21. Standards for dominant firm conduct: what can economics contribute?
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
22. Testing the differential efficiency hypothesis
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
23. The Performance of Coal-Burning Electric Generating Units in the United States: 1960-1980
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (1)
    See also Journal Article in Journal of Applied Econometrics (1987)

1984

24. Do markets differ much?
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
    See also Journal Article in American Economic Review (1985)
25. Econometric diagnosis of competitive localization
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
    See also Journal Article in International Journal of Industrial Organization (1985)
26. Estimated parameters as independent variables: with an application to the costs of electric generating units
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management

1981

27. Another look at market power in antitrust
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
28. Commodity bundling: the Gaussian case
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
29. Equity arguments for suppressing imperfect information about buyer-specific costs under competition
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
30. The impact of scale and media mix on advertising agency costs
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
    See also Journal Article in The Journal of Business (1983)

1980

31. Economies of scale and barriers to entry
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
    See also Journal Article in Journal of Political Economy (1981)
32. Monopolistic two-part pricing arrangements
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
    See also Journal Article in Bell Journal of Economics (1981)
33. Output and welfare implications of monopolistic third-degree price discrimination
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
    See also Journal Article in American Economic Review (1981)
34. Product differentiation advantages of pioneering brands
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (1)
    See also Journal Article in American Economic Review (1982)
35. The new industrial organization and the economic analysis of modern markets
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management

1979

36. On oligopolistic markets for nonrenewable natural resources
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (2)
    See also Journal Article in The Quarterly Journal of Economics (1980)

1978

37. A simple model of risk and return on long-lived tangible assets
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
38. On the use of economic models in antitrust: the Realemon case
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management

1977

39. Entry deterrence in the RTE cereal industry
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management

1968

40. A Classification and Retrieval System for Economic Data
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics

Journal Articles

2013

1. The SO₂ Allowance Trading System: The Ironic History of a Grand Policy Experiment
   Journal of Economic Perspectives, 2013, 27, (1), 103-22

2012

2. Evaluating Policies to Increase Electricity Generation from Renewable Energy
   Review of Environmental Economics and Policy, 2012, 6, (1), 45-64 View citations (1)
3. From “Green Growth” to sound policies: An overview
   Energy Economics, 2012, 34, (S1), S2-S6
4. “On a Level with Dentists?” Reflections on the Evolution of Industrial Organization
   Review of Industrial Organization, 2012, 41, (3), 157-179

2011

5. A Presentation on Market Definition
   Antitrust Chronicle, 2011, 6
6. A Presentation on Market Definition, II
   Antitrust Chronicle, 2011, 12
7. AT&T/T-Mobile: Does Efficiency Really Count?
   Antitrust Chronicle, 2011, 10
8. Jeffrey Rohlfs’ 1974 Model of Facebook: An Introduction and Reprint
   CPI Journal, 2011, 7
9. The Regulation of Interchange Fees by the U.S. Federal Reserve Board: A Primer on Economic Principles
   Antitrust Chronicle, 2011, 3
10. The Regulation of Interchange Fees by the U.S. Federal Reserve Board: A Primer on Economic Principles, II
    Antitrust Chronicle, 2011, 12
11. Why is Platform Pricing Generally Highly Skewed?
    Review of Network Economics, 2011, 10, (4), 1

2010

12. Comment on "Pharmaceutical Price Discrimination and Social Welfare" (by Frank R. Lichtenberg)
    Capitalism and Society, 2010, 5, (1), 5 View citations (1)
13. Failure to Launch: Critical Mass in Platform Businesses
    Review of Network Economics, 2010, 9, (4), 1 View citations (2)

2009

14. STANDARD-SETTING, INNOVATION SPECIALISTS AND COMPETITION POLICY -super-*
    Journal of Industrial Economics, 2009, 57, (3), 526-552
15. Should New Merger Guidelines Give UPP Market Definition?
    Antitrust Chronicle, 2009, 12 View citations (2)

2008

16. Economic Analysis of Class Certification
    Antitrust Chronicle, 2008, 6

2007

17. From the Editor: Autumn 2007
    CPI Journal, 2007, 3
18. From the Editor: Spring 2007
    CPI Journal, 2007, 3
19. The Industrial Organization of Markets with Two-Sided Platforms
    CPI Journal, 2007, 3 View citations (11)
    See also Working Paper (2005)
20. Thoughts on the Chicago Legacy in U.S. Antitrust
    Antitrust Chronicle, 2007, 5

2006

21. From the Editor: Autumn 2006
    CPI Journal, 2006, 2
22. From the Editor: Spring 2006
    CPI Journal, 2006, 2

2005

23. From the Editor: Autumn 2005
    CPI Journal, 2005, 1
24. From the Editor: Spring 2005
    CPI Journal, 2005, 1
25. The economics of interchange fees and their regulation: an overview
    Proceedings – Payments System Research Conferences, 2005, (May), 73-120 View citations (17)
    See also Working Paper (2005)

2004

26. Sunk Costs and Antitrust Barriers to Entry
    American Economic Review, 2004, 94, (2), 471-475 View citations (9)
    See also Working Paper (2004)

2002

27. Payment Systems and Interchange Fees
    Journal of Industrial Economics, 2002, 50, (2), 103-22 View citations (69)
    See also Working Paper (2001)

2001

28. A Monopolist Would Still Charge More for Windows: A Comment on Werden
    Review of Industrial Organization, 2001, 18, (3), 263-268 View citations (1)
29. A Monopolist Would Still Charge More for Windows: A Comment on Werden's Reply
    Review of Industrial Organization, 2001, 18, (3), 273-274 View citations (1)

2000

30. Antitrust Issues in Schumpeterian Industries
    American Economic Review, 2000, 90, (2), 192-196 View citations (9)

1999

31. Economic Development and the Structure of the Demand for Commercial Energy
    The Energy Journal, 1999, Volume20, (Number 2), 29-57 View citations (21)
32. Household Gasoline Demand in the United States
    Econometrica, 1999, 67, (3), 645-662 View citations (26)

1998

33. An Interim Evaluation of Sulfur Dioxide Emissions Trading
    Journal of Economic Perspectives, 1998, 12, (3), 53-68 View citations (103)
34. The Market for Sulfur Dioxide Emissions
    American Economic Review, 1998, 88, (4), 669-85 View citations (84)
35. The Political Economy of Market-Based Environmental Policy: The U.S. Acid Rain Program
    Journal of Law and Economics, 1998, 41, (1), 37-83 View citations (50)
36. World Carbon Dioxide Emissions: 1950-2050
    The Review of Economics and Statistics, 1998, 80, (1), 15-27 View citations (23)

1997

37. Is there a role for benefit-cost analysis in environmental, health, and safety regulation?
    Environment and Development Economics, 1997, 2, (02), 195-221 View citations (30)
    See also Working Paper (1996)

1995

38. Privatization in Russia: What Should be a Firm?
    International Journal of the Economics of Business, 1995, 2, (2), 297-327 View citations (2)

1993

39. Comparing Greenhouse Gases for Policy Purposes
    The Energy Journal, 1993, Volume 14, (Number 1), 245-256 View citations (9)
40. Symposium on Global Climate Change
    Journal of Economic Perspectives, 1993, 7, (4), 3-10 View citations (4)

1992

41. Sunk Costs and Market Structure: A Review Article
    Journal of Industrial Economics, 1992, 40, (2), 125-34 View citations (24)

1991

42. Continuity and Change in the Economics Industry
    Economic Journal, 1991, 101, (404), 115-21

1989

43. An Expository Note on Depreciation and Profitability under Rate-of-Return Regulation
    Journal of Regulatory Economics, 1989, 1, (3), 293-98 View citations (6)
44. Good Regulatory Regimes
    RAND Journal of Economics, 1989, 20, (3), 417-436 View citations (43)
45. Intra-industry Profitability Differences in U.S. Manufacturing, 1953-1983
    Journal of Industrial Economics, 1989, 37, (4), 337-57

1988

46. Industrial Economics: An Overview
    Economic Journal, 1988, 98, (392), 643-81 View citations (15)

1987

47. Collusion versus Differential Efficiency: Testing Alternative Hypotheses
    Journal of Industrial Economics, 1987, 35, (4), 399-425 View citations (7)
48. Competitive advantage and collusive optima
    International Journal of Industrial Organization, 1987, 5, (4), 351-367 View citations (22)
49. Horizontal Merger Policy: Problems and Changes
    Journal of Economic Perspectives, 1987, 1, (2), 41-54 View citations (6)
50. The Empirical Renaissance in Industrial Economics: An Overview
    Journal of Industrial Economics, 1987, 35, (4), 371-78 View citations (8)
51. The Performance of Coal-Burning Electric Generating Units in the United States: 1960-1980
    Journal of Applied Econometrics, 1987, 2, (2), 85-109 View citations (1)
    See also Working Paper (1985)

1986

52. Estimated parameters as independent variables: An application to the costs of electric generating units
    Journal of Econometrics, 1986, 31, (3), 275-305 View citations (1)

1985

53. Do Markets Differ Much?
    American Economic Review, 1985, 75, (3), 341-51 View citations (59)
    See also Working Paper (1984)
54. Econometric diagnosis of competitive localization
    International Journal of Industrial Organization, 1985, 3, (1), 57-70 View citations (4)
    See also Working Paper (1984)

1984

55. Estimating Effective Concentration in Deregulated Wholesale Electricity Markets
    RAND Journal of Economics, 1984, 15, (1), 12-26 View citations (11)
56. Gaussian Demand and Commodity Bundling
    The Journal of Business, 1984, 57, (1), S211-30 View citations (34)
57. Imperfect Information and the Equitability of Competitive Prices
    The Quarterly Journal of Economics, 1984, 99, (3), 441-60

1983

58. Advertising and Entry Deterrence: An Exploratory Model
    Journal of Political Economy, 1983, 91, (4), 636-53 View citations (34)
59. George Stigler's Contributions to Economics
    Scandinavian Journal of Economics, 1983, 85, (1), 77-86
60. Product Differentiation Advantages of Pioneering Brands: Errata
    American Economic Review, 1983, 73, (1), 250 View citations (1)
61. The Impact of Scale and Media Mix on Advertising Agency Costs
    The Journal of Business, 1983, 56, (4), 453-75 View citations (4)
    See also Working Paper (1981)

1982

62. Antitrust and the New Industrial Economics
    American Economic Review, 1982, 72, (2), 24-28 View citations (3)
63. Cartel Deception in Nonrenewable Resource Markets
    Bell Journal of Economics, 1982, 13, (1), 263-271 View citations (3)
64. Commodity Bundling by Single-Product Monopolies
    Journal of Law and Economics, 1982, 25, (1), 67-71 View citations (10)
65. Product Differentiation Advantages of Pioneering Brands
    American Economic Review, 1982, 72, (3), 349-65 View citations (75)
    See also Working Paper (1980)

1981

66. Economies of Scale and Barriers to Entry
    Journal of Political Economy, 1981, 89, (6), 1228-38 View citations (9)
    See also Working Paper (1980)
67. Monopolistic Two-Part Pricing Arrangements
    Bell Journal of Economics, 1981, 12, (2), 445-466 View citations (5)
    See also Working Paper (1980)
68. Output and Welfare Implications of Monopolistic Third-Degree Price Discrimination
    American Economic Review, 1981, 71, (1), 242-47 View citations (26)
    See also Working Paper (1980)
69. Risk and return on long-lived tangible assets
    Journal of Financial Economics, 1981, 9, (2), 185-205
70. The Efficient Regulation of Consumer Information: Comment
    Journal of Law and Economics, 1981, 24, (3), 541-44

1980

71. Advertising and Aggregate Consumption: An Analysis of Causality
    Econometrica, 1980, 48, (5), 1149-67 View citations (131)
72. Appropriate Government Policy Toward Commercialization of New Energy Supply Technologies
    The Energy Journal, 1980, Volume 1, (Number 2)
73. On Oligopolistic Markets for Nonrenewable Natural Resources
    The Quarterly Journal of Economics, 1980, 95, (3), 475-91 View citations (15)
    See also Working Paper (1979)
74. Qualitative asymptotic synthesis in simple optimal control problems
    Economics Letters, 1980, 5, (4), 349-352

1979

75. Market Structure, Durability, and Quality: A Selective Survey
    Economic Inquiry, 1979, 17, (2), 177-96 View citations (16)
76. Non-convexity and Optimal Harvesting Strategies for Renewable Resources
    Canadian Journal of Economics, 1979, 12, (4), 677-91 View citations (11)

1978

77. A Model of Advertising and Product Quality
    Journal of Political Economy, 1978, 86, (3), 485-503 View citations (43)
78. A Note on Economies of Scale and Natural Monopoly in the Distribution of Public Utility Services
    Bell Journal of Economics, 1978, 9, (1), 270-276 View citations (1)
79. Common Stock Volatility Expectations Implied by Option Premia
    Journal of Finance, 1978, 33, (1), 129-47 View citations (21)
80. Entry Deterrence in the Ready-to-Eat Breakfast Cereal Industry
    Bell Journal of Economics, 1978, 9, (2), 305-327 View citations (42)

1977

81. Comparative Static Properties of Regulated Airline Oligopolies
    Bell Journal of Economics, 1977, 8, (2), 565-576 View citations (8)
82. Nonconvexity and Optimal Exhaustion of Renewable Resources
    International Economic Review, 1977, 18, (3), 535-52 View citations (18)
83. Using the H-Index of Concentration with Published Data
    The Review of Economics and Statistics, 1977, 59, (2), 186-93 View citations (1)

1976

84. A Model of Promotional Competition in Oligopoly
    Review of Economic Studies, 1976, 43, (3), 493-507 View citations (38)
85. Advertising and Profitability: Further Implications of the Null Hypothesis
    Journal of Industrial Economics, 1976, 25, (1), 45-54
86. An Experimental Study of Expectation Formation
    Econometrica, 1976, 44, (1), 17-41 View citations (29)
87. Another Look at the Social Valuation of Input Price Changes
    American Economic Review, 1976, 66, (1), 239-43 View citations (1)
88. Public investment criteria, insurance markets, and income taxes
    Journal of Public Economics, 1976, 6, (4), 425-445
89. Resource exploitation theory and the behavior of the oil cartel
    European Economic Review, 1976, 7, (3), 257-279

1975

90. Alternative models of bandit selection
    Journal of Economic Theory, 1975, 10, (3), 333-342 View citations (10)
91. Option Demand and Consumer's Surplus: Reply
    American Economic Review, 1975, 65, (4), 737-39 View citations (2)

1974

92. Market Structure, Durability, and Maintenance Effort
    Review of Economic Studies, 1974, 41, (2), 277-87 View citations (10)

1973

93. A Note on the Theory of Vertical Integration
    Journal of Political Economy, 1973, 81, (2), 442-49 View citations (9)

1972

94. A Note on Monopolistic Competition and Excess Capacity
    Journal of Political Economy, 1972, 80, (3), 586-91 View citations (3)
95. Option Demand and Consumer's Surplus: Valuing Price Changes under Uncertainty
    American Economic Review, 1972, 62, (5), 813-24 View citations (10)

1971

96. Consumer's Surplus and Producer's Goods
    American Economic Review, 1971, 61, (4), 682-87 View citations (2)

1970

97. Regulation and the Durability of Goods
    Bell Journal of Economics, 1970, 1, (1), 54-64 View citations (4)

Books

2008

1. Invisible Engines: How Software Platforms Drive Innovation and Transform Industries, vol 1
   MIT Press Books, The MIT Press
   Also in MIT Press Books, The MIT Press (2006) View citations (9)

2005

2. Markets for Clean Air
   Cambridge Books, Cambridge University Press View citations (47)
   Also in Cambridge Books, Cambridge University Press (2000) View citations (25)

1988

3. Markets for Power: An Analysis of Electrical Utility Deregulation, vol 1
   MIT Press Books, The MIT Press View citations (22)

Edited books

2003

1. Management: Inventing and Delivering Its Future, vol 1
   MIT Press Books, The MIT Press

1989

2. Handbook of Industrial Organization, vol 2
   Handbook of Industrial Organization, Elsevier
3. Handbook of Industrial Organization, vol 1
   Handbook of Industrial Organization, Elsevier

Chapters

2002

1. Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries
   A chapter in Innovation Policy and the Economy, Volume 2, 2002, pp 1-50 View citations (29)
   See also Working Paper (2001)

1989

2. Inter-industry studies of structure and performance
   Chapter 16 in Handbook of Industrial Organization, 1989, vol. 2, pp 951-1009 View citations (187)
   See also Working Paper (1987)

Editor

1. Handbook of Industrial Organization
   Elsevier
2. Handbook of Industrial Organization
   Elsevier