Richard Schmalensee

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Howard W. Johnson Professor of Economics and Management

Room E62-525

Cambridge, MA 02142

United States

SCHOLARLY PAPERS

56

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Rank 618

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47,489

SSRN CITATIONS
Rank 1,579

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Top 1,579

in Total Papers Citations

272

CROSSREF CITATIONS

521

Scholarly Papers (56)

1.

Platform Economics: Essays on Multi-Sided Businesses

PLATFORM ECONOMICS: ESSAYS ON MULTI-SIDED BUSINESSES, David S. Evans, ed., Competition Policy International, 2011
Number of pages: 459 Posted: 18 Dec 2011
University College LondonGlobal Economics Group, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Texas Tech University, Global Economics Group, LLC and Charles River Associates - Chicago Office
Downloads 8,508 (852)
Citation 5

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Industrial Organization of Markets with Two-Sided Platforms

Competition Policy International, Vol. 3, No. 1, Spring 2007
Number of pages: 30 Posted: 20 May 2007
Richard Schmalensee, David S. Evans and David S. Evans
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University College LondonGlobal Economics Group
Downloads 5,977 (1,572)
Citation 18

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antitrust, anitrust analysis, industrial organization, multi-sided platforms, two-sided markets, two-sided platforms

The Industrial Organization of Markets with Two-Sided Platforms

Number of pages: 33 Posted: 28 Aug 2005
Richard Schmalensee, David S. Evans and David S. Evans
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University College LondonGlobal Economics Group
Downloads 1,201 (21,842)
Citation 3

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Two-sided, platform, 2SP, interchange

The Industrial Organization of Markets with Two-Sided Platforms

Number of pages: 37 Posted: 27 Oct 2005 Last Revised: 16 Sep 2021
David A. Evans, Richard Schmalensee, David S. Evans and David S. Evans
U.S. Environmental Protection Agency (EPA) - National Center for Environmental Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University College LondonGlobal Economics Group
Downloads 146 (254,657)

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3.

Markets with Two-Sided Platforms

ISSUES IN COMPETITION LAW AND POLICY (ABA Section of Antitrust Law), Vol. 1, Chapter 28, 2008
Number of pages: 27 Posted: 19 Feb 2008 Last Revised: 15 Apr 2009
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 5,130 (2,050)
Citation 7

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multi-sided platforms, two-sided platforms, two-sided markets, market definition, antitrust, merger analysis, antitrust analysis

The Antitrust Analysis of Multi-Sided Platform Businesses

Roger Blair and Daniel Sokol, eds., Oxford Handbook on International Antitrust Economics, Oxford University Press, Forthcoming, University of Chicago Institute for Law & Economics Olin Research Paper No. 623
Number of pages: 73 Posted: 05 Dec 2012 Last Revised: 04 Feb 2013
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3,218 (4,549)
Citation 4

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multisided platforms, two sided markets, antitrust, competition policy, market definition, network industries, market definition, market power, exclusionary practices, monopolization, coordinated behavior, critical mass

The Antitrust Analysis of Multi-Sided Platform Businesses

Number of pages: 73 Posted: 09 Feb 2013 Last Revised: 29 Oct 2021
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 150 (249,091)
Citation 11

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5.

The Economics of Interchange Fees and Their Regulation: An Overview

MIT Sloan Working Paper No. 4548-05
Number of pages: 53 Posted: 17 Jun 2005
Richard Schmalensee, David S. Evans and David S. Evans
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University College LondonGlobal Economics Group
Downloads 1,749 (12,480)
Citation 26

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6.

The New Economics of Multi-Sided Platforms: A Guide to the Vocabulary

Number of pages: 7 Posted: 11 Jun 2016
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,681 (13,291)
Citation 4

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multisided platforms, two-sided markets, network effects, matchmakers, positive feedback effects, indirect network effects, direct network effects,

7.

Sunk Costs and Antitrust Barriers to Entry

Number of pages: 13 Posted: 23 Jan 2004
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,474 (16,367)
Citation 9

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antitrust, U.S. antitrust policy, entry barriers

8.

Failure to Launch: Critical Mass in Platform Businesses

Number of pages: 33 Posted: 10 Apr 2009 Last Revised: 05 Sep 2010
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,352 (18,620)
Citation 28

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Platform businesses, two-sided platforms, critical mass

9.

Invisible Engines: How Software Platforms Drive Innovation and Transform Industries

Number of pages: 409 Posted: 14 Mar 2016
David S. Evans, David S. Evans, Andrei Hagiu and Richard Schmalensee
University College LondonGlobal Economics Group, Boston University - Questrom School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 999 (29,061)

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software platforms, two-sided markets, multi-sided platforms, operating systems, information communications and technology, mobile phones

10.

Interchange Fees: The Economics and Regulation of What Merchants Pay for Cards

INTERCHANGE FEES: THE ECONOMICS AND REGULATION OF WHAT MERCHANTS PAY FOR CARDS, David S. Evans, ed., Competition Policy International, 2011
Number of pages: 228 Posted: 18 Dec 2011
University College LondonGlobal Economics Group, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C., Charles River Associates - Chicago Office, Global Economics Group, LLC, Market Platform Dynamics and affiliation not provided to SSRN
Downloads 928 (32,238)
Citation 1

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interchange fees, two-sided markets, credit cards, debit cards, payment cards

11.

Innovation in Payments

MOVING MONEY: THE FUTURE OF CONSUMER PAYMENTS, Chapter 3, Robert E. Litan and Martin Neil Baily, eds., Brookings, 2009
Number of pages: 46 Posted: 06 Oct 2008 Last Revised: 05 Aug 2014
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 924 (32,478)

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Payment industry, technology, e-commerce

12.

Economic Analysis of the Effects of the Federal Reserve Board’s Proposed Debit Card Interchange Fee Regulations on Consumers and Small Businesses

Number of pages: 51 Posted: 26 Feb 2011 Last Revised: 01 Mar 2011
David S. Evans, David S. Evans, Robert E. Litan and Richard Schmalensee
University College LondonGlobal Economics Group, Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C. and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 819 (38,304)
Citation 2

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Debit Cards, Interchange Fees, Financial Regulation, Durbin, Federal Reserve Board

13.

Economists' Statement on U.S. Broadband Policy

AEI-Brookings Joint Center Working Paper No. 06-06-01
Number of pages: 4 Posted: 23 Mar 2006
New York University - Stern School of Business, Berkley Center for Entrepreneurial Studies, University of Pennsylvania - Business & Public Policy Department, Institute for International Economics, Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C., University of Maryland - Department of Economics, University of Pennsylvania - Wharton School, University of Texas at Austin - Lyndon B. Johnson School of Public Affairs, University of California, Berkeley - Department of Economics, University of Chicago - Booth School of Business, National Bureau of Economic Research (NBER)Harvard University - Technology & Operations Management Unit, Technology Policy Institute, Hoover Institution and Department of Economics, Stanford University, Clemson University, National Economic Research Associates Inc. (NERA) (Deceased), Georgetown University - Department of Strategy/Economics/Ethics/Public Policy, Stanford University, New York University (NYU) - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Stanford Institute for Economic Policy Research, University of Colorado at Boulder - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Georgetown University, University of California, Berkeley - Business & Public Policy Group, School of Information, Technology Policy Institute, Kansas State University - Department of Economics and Institute for Business Innovation
Downloads 784 (40,689)

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14.

Network Effects: March to the Evidence, Not to the Slogans

Forthcoming, Antitrust Chronicle
Number of pages: 10 Posted: 29 Aug 2017
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 727 (45,048)
Citation 4

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Network Effects, Indirect Network Effects, Multisided Platforms, Two-Sided Platforms, Two-Sided Markets, Online Platforms, Winner-Take-All, Tipping, Big Data and Antitrust, Big Data and Competition Policy

15.

Clean Water Act Brief

Reg-Markets Center Brief No. 08-03
Number of pages: 27 Posted: 27 Jul 2008
Stanford University - Department of Economics, New York University - Stern School of Business, Berkley Center for Entrepreneurial Studies, Columbia University - Law School, Stanford University - The Hoover Institution on War, Revolution and Peace, Brookings Institution, University of Maryland - Department of Economics, University of Chicago - Department of Economics, Technology Policy Institute, NERA Economic Consulting, Columbia Business School - Finance and Economics, National Economic Research Associates Inc. (NERA) (Deceased), Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C., Yale School of Management (Deceased), George Mason University - Center for Study of Public Choice, NERA Economic Consulting, Cato Institute, Stanford University - Department of Economics, University of Maryland - Department of Economics, Milken Institute, University of Chicago, Booth School of Business, University of Arizona - Eller College of Management, Princeton University - Department of Economics, University of Tennessee, Knoxville, University of Maryland, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Brookings Institution, Arizona State University (ASU) - Economics Department, Chapman University - Economic Science Institute, Harvard University - Harvard Kennedy School (HKS), Vanderbilt University - Law School, New York University (NYU) - Leonard N. Stern School of Business, Department of EconomicsStern School of Business, New York University and Harvard University - Harvard Kennedy School (HKS)
Downloads 717 (45,888)

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16.

A Survey of the Economic Role of Software Platforms in Computer-Based Industries

Number of pages: 41 Posted: 13 Nov 2004
David S. Evans, David S. Evans, Richard Schmalensee and Andrei Hagiu
University College LondonGlobal Economics Group, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Boston University - Questrom School of Business
Downloads 699 (47,470)

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software platforms, hardware platforms, network effects, bundling, multi-sided markets

17.

Pricing Patents for Licensing in Standard Setting Organisations: Making Sense of FRAND Commitments

Number of pages: 42 Posted: 26 Jun 2007
Anne Layne-Farrar, Jorge Padilla and Richard Schmalensee
Charles River Associates, Compass Lexecon and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 687 (48,573)
Citation 7
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Efficiency, Fairness, Licensing, Patents, Standard Setting Organizations

18.

Interchange Fees: A Review of the Literature

Payment Card Economics Review, Vol. 1, pp. 25-44, Winter 2003
Number of pages: 20 Posted: 25 Jan 2005
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 558 (63,422)
Citation 1

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interchange fees, payment cards

Standard-Setting, Innovation Specialists, and Competition Policy

Number of pages: 34 Posted: 12 Aug 2008 Last Revised: 28 Dec 2013
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 544 (64,774)

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antitrust, standards, innovation, patent, industrial organization

Standard-Setting, Innovation Specialists and Competition Policy

The Journal of Industrial Economics, Vol. 57, Issue 3, pp. 526-552, September 2009
Number of pages: 27 Posted: 13 Oct 2009
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 4 (806,276)
Citation 1
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20.

Has the Consumer Harm Standard Lost its Teeth?

Number of pages: 45 Posted: 30 Jan 2003
Howard H. Chang, David S. Evans, David S. Evans and Richard Schmalensee
Global Economics Group, LLC, University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 537 (66,551)
Citation 2

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Consumer Harm, Welfare, Antitrust, Competition, Microsoft, Visa

21.
Downloads 494 ( 73,836)

U.S. V. Microsoft: Did Consumers Win?

Number of pages: 60 Posted: 20 Jul 2005
David S. Evans, David S. Evans, Richard Schmalensee and Albert L. Nichols
University College LondonGlobal Economics Group, Massachusetts Institute of Technology (MIT) - Sloan School of Management and NERA Economic Consulting
Downloads 444 (83,179)

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U.S. V. Microsoft: Did Consumers Win?

Number of pages: 60 Posted: 25 Jan 2006 Last Revised: 19 Jul 2010
U.S. Environmental Protection Agency (EPA) - National Center for Environmental Economics, University College LondonGlobal Economics Group, NERA Economic Consulting and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 50 (494,648)

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22.

Accounting for Two-Sided Business Reality Reduces False Negatives as Well as False Positives in Antitrust Decisions Involving Platform Enterprises

Forthcoming, CPI Antitrust Chronicle, April 2018
Number of pages: 6 Posted: 07 Mar 2018
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 473 (77,817)
Citation 1

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two-sided markets, multisided platforms, rule of reason, mergers platforms, error costs in antitrust, network effects, American Express steering case, Supreme Court and platforms

23.

New Risks, New Products, and New Regulations: Insurance for the 21st Century

Barbon Institute Discussion Paper No. 06-03
Number of pages: 21 Posted: 03 Nov 2006
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 453 (81,977)
Citation 1

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insurance, catastrophe, disaster, regulation, terrorism

24.

Why Online Retail Sales are Much Larger than US Census Data Report

Number of pages: 39 Posted: 18 Jan 2016 Last Revised: 09 Feb 2016
David S. Evans, David S. Evans, Scott Murray and Richard Schmalensee
University College LondonGlobal Economics Group, Market Platform Dynamics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 406 (93,144)

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Internet economy, e-commerce, Census retail data, retail, online sales, online retail, digital commerce, retail reinvention

25.

Comments of 71 Concerned Economists: Using Procurement Auctions to Allocate Broadband Stimulus Grants

Number of pages: 16 Posted: 15 Apr 2009 Last Revised: 08 Jun 2014
New York University - Stern School of Business, Berkley Center for Entrepreneurial Studies, Stanford University - Department of Economics, Stanford Graduate School of Business, American University - Washington College of Law, The Brattle Group, University of Maryland, Baltimore County - Department of Public Policy, Stanford Graduate School of BusinessStanford University - Department of Economics, Stanford University, Columbia University, University of Maryland - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics, University of Colorado at Boulder - College of Engineering and Applied Science, University of Zurich - Department of Economics, Stanford Graduate School of Business, University of Pennsylvania - Wharton School, University of Michigan, Georgetown University - Department of Economics, University of Zurich, University of Maryland - Robert H. Smith School of Business, National Bureau of Economic Research (NBER)Harvard University - Technology & Operations Management Unit, Technology Policy Institute, Hoover Institution and Department of Economics, Stanford University, affiliation not provided to SSRN, affiliation not provided to SSRN, University of California, Berkeley - Business & Public Policy Group, University of North Texas, Massachusetts Institute of Technology (MIT) - Department of Economics, Clemson University, University of Texas at Austin - Department of Economics, affiliation not provided to SSRN, University of Florida - Warrington College of Business Administration, Public Utility Research Center, Ohio State University (OSU) - Economics, National Economic Research Associates Inc. (NERA) (Deceased), Independent, Penn State University, Massachusetts Institute of Technology (MIT) - Computer Science and Artificial Intelligence Laboratory (CSAIL), Technology Policy Institute, Stanford Graduate School of Business, Hong Kong University of Science & Technology (HKUST), Georgetown University - Department of Strategy/Economics/Ethics/Public Policy, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA), Stanford University, Stanford University - Department of Economics, Stanford University, California Institute of Technology - Division of the Humanities and Social Sciences, Northwestern University - Department of Economics, University of Chicago - Department of Economics, Columbia University - Columbia Business School, Columbia University - Columbia Institute for Tele InformationToulouse School of Economics, University of Colorado at Boulder - Department of Economics, Boston University - Department of Finance & Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Georgetown University, Stanford University - Stanford Graduate School of Business, Chapman University - Economic Science Institute, University of Maryland - Department of Economics, University of Minnesota - Twin Cities - Carlson School of Management, Technology Policy Institute, Northwestern University - Department of Managerial Economics and Decision Sciences (MEDS), University of Nevada, Las Vegas - College of Business - Department of Economics, University of California, Berkeley, Ohio State University (OSU) - Economics, Charles River Associates (CRA) and Stanford Institute for Economic Policy Research
Downloads 375 (102,042)
Citation 1

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26.

National Ambient Air Quality Standards (Naaqs) Brief

AEI-Brookings Joint Center Working Paper No. B00-01
Number of pages: 23 Posted: 17 Nov 2006
Stanford University - Department of Economics, New York University - Stern School of Business, Berkley Center for Entrepreneurial Studies, University of Pennsylvania - Business & Public Policy Department, Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C., Columbia University - Law School, Stanford University - The Hoover Institution on War, Revolution and Peace, Princeton University, Woodrow Wilson School, Brookings Institution, University of Maryland - Department of Economics, American Enterprise Institute (AEI), Charles River Associates (CRA), Mendocino College, Canadian Investment Review - Rogers Media, affiliation not provided to SSRN, Technology Policy Institute, Alfred P. Sloan Foundation, National Economic Research Associates Inc. (NERA) (Deceased), Princeton University - Princeton School of Public and International Affairs, Carnegie Mellon University - David A. Tepper School of Business (Deceased), American Enterprise Institute (AEI), Yale School of Management (Deceased), University of Michigan, Stephen M. Ross School of Business, George Mason University - Center for Study of Public Choice, Cato Institute, Yale University - Department of Economics, University of Maryland - Department of Economics, Milken Institute, University of Chicago, Booth School of Business, University of Arizona - Eller College of Management, Brookings Institution, University of Tennessee, Knoxville, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Brookings Institution, Arizona State University (ASU) - Economics Department, Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Harvard Kennedy School (HKS), Columbia Business School - Finance and Economics, Haas School of Business, UC Berkeley, Vanderbilt University - Law School, Washington University in St. Louis - Murray Weidenbaum Center on the Economy, Government, and Public Policy, University of California, Berkeley - Economic Analysis & Policy Group and Harvard University - Harvard Kennedy School (HKS)
Downloads 374 (102,349)

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EPA, D.C. Circuit, regulatory actions

27.

Don't Give Away the Razor (Usually): A Note on Two-Part Tariffs

Number of pages: 12 Posted: 04 Jun 2014
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 369 (103,895)

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pricing, two-part, razor-blades, discrimination, monopoly

28.

Debunking the ‘Network Effects’ Bogeyman

Regulation, Vol. 40, No. 4, Winter 2017-2018
Number of pages: 4 Posted: 28 Mar 2018
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 353 (109,502)
Citation 1

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Network effects, Facebook, market power, network industries, internet, internet platforms, Google

29.

Letter to Fcc Chairman Powell Concerning Auction 35

Number of pages: 3 Posted: 06 Dec 2002
University of Maryland - Department of Economics, Brookings Institution, Technology Policy Institute, University of California, Berkeley - Business & Public Policy Group, Massachusetts Institute of Technology (MIT) - Department of Economics, Clemson University, University of California, Los Angeles (UCLA) - School of Law, Yale School of Management (Deceased), Stanford University, Criterion Economics, Inc., Massachusetts Institute of Technology (MIT) - Sloan School of Management, Econ One, Chapman University - Economic Science Institute, Marsh & McLennan Companies - Cambridge Office and Institute for Business Innovation
Downloads 352 (109,502)

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30.

Why the Claim that Markets with Two-Sided Platforms Become One-Sided When They Mature is Wrong

Number of pages: 32 Posted: 27 Jul 2017
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 343 (113,115)
Citation 1

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Two-Sided Markets, Two-Sided Platforms, Market Definition, Market Definition for Two-Sided Platforms, Multisided Platforms, Global Distribution Systems

31.

Antitrust Analysis of Platform Markets: Why the Supreme Court Got it Right in American Express

Antitrust Analysis of Platform Markets: Why the Supreme Court Got it Right in American Express, Competition Policy International, 2019 ISBN: 978-1950769414
Number of pages: 196 Posted: 08 Apr 2020
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 340 (113,871)

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antitrust of multisided platforms, two-sided markets, transaction platforms, American Express decision, market definition for two-sided platforms, indirect network effects

Lessons Learned from Three Decades of Experience with Cap-and-Trade

FEEM Working Paper No. 107.2015
Number of pages: 31 Posted: 20 Jan 2016
Richard Schmalensee and Robert N. Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Harvard Kennedy School (HKS)
Downloads 108 (319,480)
Citation 1

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Market-based instruments, Cap-and-trade, Leaded Gasoline Phasedown, Clean Air Act Amendments of 1990, Sulfur Dioxide, Acid Rain, Carbon Dioxide, Global Climate Change, European Union Emissions Trading System

Lessons Learned from Three Decades of Experience with Cap-and-Trade

Resources for the Future Discussion Paper 15-51
Number of pages: 26 Posted: 20 Nov 2015
Richard Schmalensee and Robert N. Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Harvard Kennedy School (HKS)
Downloads 79 (390,611)

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market-based instruments, cap-and-trade, leaded gasoline phasedown, Clean Air Act amendments of 1990, sulfur dioxide, acid rain, carbon dioxide, global climate change, European Union Emissions Trading System

Lessons Learned from Three Decades of Experience with Cap-and-Trade

HKS Working Paper No. 069
Number of pages: 27 Posted: 17 Nov 2015
Richard Schmalensee and Robert N. Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Harvard Kennedy School (HKS)
Downloads 59 (457,905)
Citation 6

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market-based instruments, cap-and-trade, leaded gasoline phasedown, Clean Air Act amendments of 1990, sulfur dioxide, acid rain, carbon dioxide, global climate change, European Union Emissions Trading System

Lessons Learned from Three Decades of Experience with Cap-and-Trade

Number of pages: 26 Posted: 15 Nov 2015
Richard Schmalensee and Robert N. Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Harvard Kennedy School (HKS)
Downloads 39 (547,644)

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market-based instruments, cap-and-trade, leaded gasoline phasedown, Clean Air Act amendments of 1990, sulfur dioxide, acid rain, carbon dioxide, global climate change, European Union Emissions Trading System

Lessons Learned from Three Decades of Experience with Cap-and-Trade

Number of pages: 26 Posted: 23 Nov 2015 Last Revised: 30 May 2021
Richard Schmalensee and Robert N. Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Harvard Kennedy School (HKS)
Downloads 32 (587,210)
Citation 2

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33.

Jeffrey Rohlfs' 1974 Model of Facebook: An Introduction

MIT Sloan Research Paper No. 4893-11
Number of pages: 13 Posted: 04 Apr 2011
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 313 (124,477)
Citation 1

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network, externality, antitrust, Facebook

34.

The Economic Principles for Establishing Reasonable Regulation of Debit-Card Interchange Fees that Could Improve Consumer Welfare

Number of pages: 28 Posted: 26 Feb 2011 Last Revised: 01 Mar 2011
David S. Evans, David S. Evans, Robert E. Litan and Richard Schmalensee
University College LondonGlobal Economics Group, Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C. and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 287 (136,513)
Citation 2

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Debit Cards, Interchange Fees, Financial Regulation

35.

'On a Level with Dentists?': Reflections on the Evolution of Industrial Organization

Number of pages: 34 Posted: 11 Jun 2012 Last Revised: 14 Aug 2014
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 251 (156,425)

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36.

Brief of Amici Curiae Economists in Support of Petitioners, Bell Atlantic V. Twombly

Number of pages: 30 Posted: 21 Jan 2009
New York University - Stern School of Business, Berkley Center for Entrepreneurial Studies, Stanford University - The Hoover Institution on War, Revolution and Peace, Brookings Institution, University of Virginia - Department of Economics, University College LondonGlobal Economics Group, University of Pennsylvania - Wharton School, Massachusetts Institute of Technology (MIT) - Department of Economics, Vanderbilt University - Owen Graduate School of Management, University of California, Berkeley - Department of Economics, Alfred P. Sloan Foundation, University of California, Berkeley - Department of Economics, Stanford University, affiliation not provided to SSRN, New York University (NYU) - Department of Economics, Northwestern University - Department of Economics, Harvard University - Harvard Kennedy School (HKS), Massachusetts Institute of Technology (MIT) - Sloan School of Management, Georgetown University, University of Texas at Austin - Department of Economics, Chapman University - Economic Science Institute, University of Chicago - Booth School of Business, Stanford Graduate School of Business, University of California, Berkeley - Business & Public Policy Group, Stanford University - Law School, Institute for Business Innovation and Sloan School of Management and Department of Economics
Downloads 246 (159,521)

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Twombly, Bell Atlantic, Bell Atlantic v Twombly, Amici Curiae, Sherman Section 1

37.

The Role of Market Definition in Assessing Anti-Competitive Harm in Ohio v. American Express

Number of pages: 21 Posted: 18 Jun 2019
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 240 (163,405)

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two-sided markets, multisided platforms, American Express decision, market definition for two-sided markets, antitrust and network effects, antitrust of two-sided platforms, Supreme Court decision in American Express, rule of reason, rule of reason for platform businesses

Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries

Number of pages: 68 Posted: 05 May 2001 Last Revised: 06 Aug 2021
Richard Schmalensee, David S. Evans and David S. Evans
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University College LondonGlobal Economics Group
Downloads 236 (165,567)
Citation 1

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Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries

Posted: 09 Aug 2001
Richard Schmalensee, David S. Evans and David S. Evans
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University College LondonGlobal Economics Group

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39.

Two-Sided Red Herrings

Number of pages: 11 Posted: 18 Oct 2018
David S. Evans, David S. Evans and Richard Schmalensee
University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 219 (178,373)
Citation 2

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multisided platforms, two-sided platforms, American Express Supreme Court decision, indirect network effects, antitrust of two-sided platforms

40.
Downloads 215 (181,433)
Citation 80

Payment Systems and Interchange Fees

Number of pages: 33 Posted: 29 Apr 2001 Last Revised: 25 Jul 2021
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 174 (219,547)

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Payment Systems and Interchange Fees

Number of pages: 20 Posted: 14 Nov 2002
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 41 (537,184)
Citation 4
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41.

The Census Bureau Needs to Significantly Revise Reporting and Calculation of Its Online and Physical Retail Sales Figures and Commission an Independent Review

Number of pages: 10 Posted: 08 Feb 2016
David S. Evans, David S. Evans, Richard Schmalensee and Scott Murray
University College LondonGlobal Economics Group, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Market Platform Dynamics
Downloads 201 (193,194)
Citation 8

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Internet economy, e-commerce, Census retail data, online sales, data quality

The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment

Journal of Economic Perspectives, Forthcoming, HKS Working Paper No. RWP12-030
Number of pages: 20 Posted: 05 Aug 2012 Last Revised: 19 Sep 2012
Richard Schmalensee and Robert N. Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Harvard Kennedy School (HKS)
Downloads 99 (338,958)
Citation 9

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market-based instruments, cap-and-trade, Clean Air Act amendments of 1990, sulfur dioxide, acid rain

The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment

FEEM Working Paper No. 60.2012
Number of pages: 23 Posted: 13 Oct 2012
Richard Schmalensee and Robert N. Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Harvard Kennedy School (HKS)
Downloads 71 (415,368)
Citation 1

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Market-based Instruments, Cap-and-trade, Clean Air Act Amendments of 1990

The So2 Allowance Trading System: the Ironic History of a Grand Policy Experiment

Number of pages: 19 Posted: 18 Aug 2012 Last Revised: 10 Jul 2021
Richard Schmalensee and Robert N. Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Harvard Kennedy School (HKS)
Downloads 24 (641,549)
Citation 8

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43.

Why is Platform Pricing Generally Highly Skewed?

Number of pages: 11 Posted: 06 Apr 2011
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 163 (231,846)
Citation 2

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network, two-sided, pricing, skewed, stability

44.

The Collapse of Labor Productivity Growth in U.S. Manufacturing after 2010

Number of pages: 20 Posted: 12 Feb 2018
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 122 (291,461)
Citation 3

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manufacturing, productivity, measurement

45.

Comment on 'Market and Management Failures' (by Pankaj Ghemawat)

Capitalism and Society: Vol. 12: Iss. 1, Article 6
Number of pages: 8 Posted: 04 May 2017
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 111 (311,640)

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46.

The Performance of U.S. Wind and Solar Generating Plants

The Energy Journal, Forthcoming.
Number of pages: 43 Posted: 04 Oct 2013 Last Revised: 15 Aug 2014
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 109 (315,605)
Citation 2

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renewable, wind, solar, electricity, production, energy

47.

On the Efficiency of Competitive Energy Storage

Number of pages: 37 Posted: 21 Jun 2019
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 96 (343,181)
Citation 1

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electricity, intermittency, renewables, energy, storage

48.

Auction Design and the Market for Sulfur Dioxide Emissions

Number of pages: 47 Posted: 12 Feb 1997 Last Revised: 13 Sep 2021
Paul L. Joskow, Richard Schmalensee and Elizabeth M. Bailey
Alfred P. Sloan Foundation, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of California, Berkeley - Haas School of Business
Downloads 65 (430,121)
Citation 5

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49.

Energy Storage Investment and Operation in Efficient Electric Power Systems

Number of pages: 44 Posted: 18 Feb 2021
Richard Schmalensee, Cristian Junge and Dharik Mallapragada
Massachusetts Institute of Technology (MIT) - Sloan School of Management, MIT Energy Initiative and Massachusetts Institute of Technology
Downloads 59 (451,299)

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energy, electricity, storage, competitin

50.

Puzzles and Surprises in U.S. Manufacturing

MIT Sloan Research Paper No. 5526-18
Number of pages: 29 Posted: 31 Jul 2018 Last Revised: 19 Nov 2018
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 54 (470,124)

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manufacturing, productivity, semiconductors, imports

51.

Comment on 'Pharmaceutical Price Discrimination and Social Welfare' (by Frank R. Lichtenberg)

Capitalism and Society, Vol. 5, Issue 1, Article 5, 2010
Number of pages: 6 Posted: 29 Jan 2013
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 53 (474,005)

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52.
Downloads 39 (536,049)
Citation 3

Policy Evolution under the Clean Air Act

Number of pages: 23 Posted: 20 Nov 2018 Last Revised: 27 Dec 2018
Richard Schmalensee and Robert N. Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Harvard Kennedy School (HKS)
Downloads 34 (575,405)

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Clean Air Act, air pollution, market-based instruments, emissions trading, cap-and-trade, pollution taxes, performance standards, technology standards

Policy Evolution Under the Clean Air Act

Number of pages: 23 Posted: 03 Dec 2018 Last Revised: 28 Aug 2021
Richard Schmalensee and Robert Stavins
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University
Downloads 5 (797,859)
Citation 3

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53.

Socialism for Red States in the Electric Utility Industry

Number of pages: 20 Posted: 15 Sep 2016
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 27 (602,704)

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electricity, government enterprise, political economy, socialism

54.

The Performance of U.S. Wind and Solar Generating Units

Number of pages: 48 Posted: 05 Oct 2013 Last Revised: 23 Oct 2021
Richard Schmalensee
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 17 (672,375)

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55.

Electricity Price Distributions in Future Renewables-Dominant Power Grids and Policy Implications

Number of pages: 36 Posted: 23 Nov 2021 Last Revised: 27 Nov 2021
Massachusetts Institute of Technology, MIT Energy Initiative, Massachusetts Institute of Technology (MIT), The Brattle Group, Alfred P. Sloan Foundation and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 10 (726,448)
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56.

An Analysis of the Government's Economic Case in U.S. V. Microsoft

Posted: 23 Apr 2001
Albert L. Nichols, David S. Evans, David S. Evans and Richard Schmalensee
NERA Economic Consulting, University College LondonGlobal Economics Group and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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