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  1. No Access

    Reference Work Entry In depth

    Credit Card Industry

    The concept of a general purpose credit card originated in 1949, when Frank McNamara dined in a New York restaurant and discovered that he could not pay for his meal (Evans and Schmalensee 1999). By the 1980s ...

    Victor Stango, Julian Wright in The New Palgrave Dictionary of Economics (2018)

  2. No Access

    Living Reference Work Entry In depth

    Credit Card Industry

    The concept of a general purpose credit card originated in 1949, when Frank McNamara dined in a New York restaurant and discovered that he could not pay for his meal (Evans and Schmalensee 1999). By the 1980s ...

    Victor Stango, Julian Wright in The New Palgrave Dictionary of Economics

  3. No Access

    Article

    Two-sided Markets, Competitive Bottlenecks and Exclusive Contracts

    We provide a framework for analyzing two-sided markets that allows for different degrees of product differentiation on each side of the market. When platforms are viewed as homogenous by sellers but heterogene...

    Mark Armstrong, Julian Wright in Economic Theory (2007)

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    Article

    Asymmetric Network Interconnection

    We develop a model of competition between interconnected networks,that allows for carriers to differ in size. Under two-partpricing, we show that because of asymmetry the larger network willalways prefer a rec...

    Michael Carter, Julian Wright in Review of Industrial Organization (2003)

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    Article

    Peering and Settlement in the Internet: An Economic Analysis

    This paper explores the implications of Internet peering in the context of a model of competing, vertically integrated Internet Access Providers. We show that if regulation forbids settlement payments between ...

    Iain Little, Julian Wright in Journal of Regulatory Economics (2000)

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    Article

    International Telecommunications, Settlement Rates, and the FCC

    This paper models settlement arrangements between international telecommunication carriers. The FCC in the United States claims these arrangements cost United States consumers billions of dollars annually, lar...

    Julian Wright in Journal of Regulatory Economics (1999)

  7. No Access

    Article

    Interconnection in Network Industries

    Recent deregulation of telecommunications in the U.S. and elsewhere has highlighted the importance of interconnection in network industries. In this paper, we analyse interconnection in a deregulated network w...

    Michael Carter, Julian Wright in Review of Industrial Organization (1999)

  8. No Access

    Article

    Symbiotic production: The case of telecommunication pricing

    In this paper we analyze a generalization of vertical monopolies in which monopoly suppliers trade essential inputs with one another. The most obvious applications of the model, which we call symbiotic product...

    Michael Carter, Julian Wright in Review of Industrial Organization (1994)