Prof. Nicholas Economides

Stern School of Business
New York University
44 West Fourth Street
New York, NY 10012-1126
tel. (212) 998-0864, fax (212) 995-4218.

e-mail: economides@stern.nyu.edu
http://www.stern.nyu.edu/networks/

Last Updated: 4/1/2009

Current Position: Professor of Economics, Stern School of Business, New York University.

Past / Concurrent Positions: Executive Director, NET Institute, www.NETinst.org, December 2002 - . Visiting Professor, Haas School, UC Berkeley, June 2007- . January 2004 - March 2004, Visiting Fellow, Hoover Institution, Stanford University; April 2004 - August 2004, Visiting Professor, Economics Department, Stanford University; January - August 2001: Visiting Professor, Economics Department, Stanford University; Visiting Scholar, Federal Reserve Bank of New York; Academic year 1996-1997: Visiting Professor, Stanford University January 1989 - August 1990: Visiting Associate Professor, Stanford University. July 1988 to August 1990: Associate Professor, Columbia University, Department of Economics. September 1981 - June 1988: Assistant Professor, Columbia University, Department of Economics. Research Assistant for Professor Andreu Mas-Colell, October 1979 - June 1981. Research Assistant for Professor David Babbel, January 1981 - August 1981. Research Assistant for Professor Richard Gilbert, October 1978 - September 1979. Teaching Assistant at the University of California, Berkeley, September 1977 - June 1980. Courses supervised: Graduate Microeconomic Theory, Intermediate Microeconomics, Introductory Economics.

Education

Ph.D. 1981, University of California, Berkeley
M.A. 1979, University of California, Berkeley
B.Sc. 1976, London School of Economics. First Class Honors

Research Interests: Industrial Organization, Network Industries, Structure of Financial Markets, Law and Economics.

Teaching Experience: Network Economics and the "New Economy" for Executive MBAs, Ph.D. level Industrial Organization, Topics in Industrial Organization, Ph.D. level Microeconomic Theory, Strategic Interaction in Markets and Industries, Undergraduate Industrial Organization, Seminar in Industrial Organization, Ph.D. level Advanced Microeconomics, MBA Microeconomics, Seminar in Microeconomics, and The New Economy, Networks, and Digital Convergence.

Biographical Information: Married.

Papers are cross-listed in the following subject categories:

[N] = Network Economics
[F] = Finance
[L] = Differentiated Products, Variety, Quality, and Location Theory

A. PUBLISHED AND ACCEPTED PAPERS

1. [N] "Quantifying the Benefits of Entry into Local Phone Service," Rand Journal of Economics, (with Katja Seim and V. Brian Viard) (2008) vol. 39, no. 3, Autumn 2008 pp. 699-730.

2. [N] "The Elusive Antitrust Standard on Bundling in Europe and in the United States at the Aftermath of the Microsoft Cases," forthcoming, Antitrust Law Journal 75/3 (2009) (with Ioannis Lianos).

2. [N] "Loyalty/Requirement Rebates and the AMC: What is the Appropriate Liability Standard?/span>," forthcoming, Antitrust Bulletin (2009).

3. [N] "Antitrust Issues in Network Industries," forthcoming, The Reform of EC Competition Law, Ioannis Kokkoris and Ioannis Lianos (eds.), Kluwer (2008).

4. [N] "Net Neutrality, Non-Discrimination, and Digital Distribution of Content Through the Internet," I/S: A Journal of Law and Policy for the Information Society vol. 4, no. 2, pp. 209-233 (2008).

5. [N] "Patents and Antitrust: Application to Adjacent Market," Journal on Telecommunications & High Technology Law vol. 6, pp. 455-481 (2008) (with William Hebert).

6. [N] "Strategic Commitments and the Principle of Reciprocity in Interconnection Pricing," (with Giuseppe Lopomo and Glenn Woroch), in Gary Madden (ed.) The Economics of Digital Markets, Edward Elgar (2007).

7. [N] "Hit and Miss: Leverage, Sacrifice, and Refusal to Deal and the Supreme Court Decision in Trinko, Vanderbilt Journal of Entertainment & Technology Law vol. 10, no.1, pp. 121-146 (2007).

8. [N] "The Economics of the Internet," in The New Palgrave Dictionary of Economics, London: Macmillan, 2007.

9. [N] "Public Policy in Network Industries," in Paolo Buccirossi (ed), Handbook of Antitrust Economics, Cambridge: The MIT Press, 2007.

10. [N] "Two-sided Competition of Proprietary vs. Open Source Technology Platforms and the Implications for the Software Industry," Management Science vol. 52, no. 7, pp. 1057-1071 (July 2006) (with Evangelos Katsamakas).

11. [N] "The Internet and Network Economics," in Eric Brousseau and Nicolas Curien (eds.) Internet and Digital Economics, Cambridge: Cambridge University Press, 2006.

12. [N] "Linux vs. Windows: A Comparison of Application and Platform Innovation Incentives for Open Source and Proprietary Software Platforms" (with Evangelos Katsamakas), in Juergen Bitzer and Philip J.H. Schroeder (eds.) The Economics of Open Source Software Development, Elsevier Publishers, 2006.

13. [N] "Competition Policy in Network Industries: An Introduction," in Dennis Jansen (ed.) The New Economy and Beyond: Past, Present and Future, London: Edward Elgar, 2006.

14. [N] "Vertical Leverage and the Sacrifice Principle: Why The Supreme Court Got Trinko Wrong," New York University Annual Survey of American Law vol. 63, no. 3, (2005), pp. 379-413.

15. [F] [N] "A Parimutuel Market Microstructure for Contingent Claims Trading," (jointly with Jeffrey Lange), European Financial Management, vol. 11, no.1, (2005), pp. 25-49.

16. [N] "The Economics of the Internet Backbone," in Handbook of Telecommunications. Amsterdam: Elsevier Publishers, 2006.

17. [N] "Telecommunications Regulation: An Introduction," in Richard R. Nelson (ed.) The Limits and Complexity of Organizations, New York: Russell Sage Foundation Press, 2005.

18. [N] "US Telecommunications Today, October 2002," IS Management Handbook Brown, Carol V. and Topi, Heikki (eds.), Boca Raton: Auerbach Publications, 2003.

19. [N] "The Tragic Inefficiency of M-ECPR," A. Shampine (ed.) Down to the Wire: Studies in the Diffusion and Regulation of Telecommunications Technologies. New York: Nova Science Publishers, 2003.

20. [N] "Dial 'C' for Competition," SternBusiness, Fall 2003.

21. [N] "Comment of Nicholas S. Economides on the Revised Proposed Final Judgment in United States v. Microsoft," January 22, 2002.

22. [N] "The Microsoft Antitrust Case," Journal of Industry, Competition and Trade: From Theory to Policy, vol. 1, no. 1, pp. 7-39 (August 2001), lead article.

23. [N] "The Microsoft Antitrust Case: Rejoinder," Journal of Industry, Competition and Trade: From Theory to Policy, vol. 1, no. 1, pp.71-79 (August 2001).

24. [N] "United States v. Microsoft: A Failure of Antitrust in the New Economy," Symposium: Cyber Rights, Protection, and Markets, UWLA Law Review, (April 2001), lead article.

25. [F] [N] "The Impact of the Internet on Financial Markets," Journal of Financial Transformation, vol. 1, no. 1 (2001), pp. 8-13.

26. [N] "Coming Apart, Coming Together: The AT&T Breakup (Round Three) and the Remonopolization of Telecommunications," SternBusiness, Spring / Summer 2001.

27. [N] "Durable Goods Monopoly with Network Externalities with Application to the PC Operating Systems Market," Quarterly Journal of Electronic Commerce, vol. 1, no. 3 (2000).

28. [N] "The Real Losers in the Microsoft Anti-Trust Case," SternBusiness, Spring/Summer 2000.

29. [L] "Quality Choice and Vertical Integration," International Journal of Industrial Organization, vol. 17 (1999), pp. 903-914.

30. [N] "The Telecommunications Act of 1996 and its Impact," Japan and the World Economy. vol. 11 (1999), pp. 455-483, lead article.

31. [N] "Comment on 'A Note on N. Economides: The Incentive for Non-Price Discrimination by an Input Monopolist' by Mats Bergman," International Journal of Industrial Organization, vol. 18 (2000), pp. 989-991.

32. [N] "US Telecommunications Today, April 1999," Handbook of IS Management 2000, Carol V. Brown (ed.), Boca Raton: Auerbach/CRC Press, 2000.

33. [N] "Real Options and the Costs of the Local Telecommunications Network," in The New Investment Theory of Real Options and its Implications for Cost Models in Telecommunications, James Alleman and Eli Noam (eds.), Kluwer, 1999.

34. [F] "Federal Deposit Insurance: Economic Efficiency or Politics?" Regulation, vol. 22, no. 3 (September 1999) (with R. Glenn Hubbard and Darius Palia).

35. [N] "The Incentive for Non-Price Discrimination by an Input Monopolist," International Journal of Industrial Organization vol. 16 (May 1998), pp. 271-284.

36. [L] "The Max-Min-Min Principle of Product Differentiation," Journal of Regional Science vol. 38 (1998), pp. 207-230 (with Asim Ansari and Joel Steckel).

37. [N] "Equilibrium Coalition Structures in Markets for Network Goods," Annales d'Economie et de Statistique vol. 49/50 (1998), pp. 361-380 (with Fredrick Flyer).

38. [N] "The Inefficiency of the ECPR Yet Again: A Reply to Larson," The Antitrust Bulletin, vol. XLIII, no. 2, pp. 429-444 (with Lawrence J. White).

39. [N] "Competition and Vertical Integration in the Computing Industry," in Competition, Innovation, and the Role of Antitrust in the Digital Marketplace, Jeffrey A. Eisenach and Thomas M. Lenard (eds.), Kluwer Academic Publishers, 1999.

40. [N] "U.S. Telecommunications Today," Business Economics, vol. XXXIII, no. 2 (April 1998), pp. 7-13.

41. "Trademarks," in The New Palgrave Dictionary of Economics and the Law, New York, 1997.

42. [F] [N] [L] "The Economics of Networks, " International Journal of Industrial Organization, vol. 14, no. 6, pp. 673-699 (October 1996).

43. [F] [L] "The Political Economy of Branching Restrictions and Deposit Insurance: A Model of Monopolistic Competition of Small and Large Banks," Journal of Law and Economics vol. XXXIX (October 1996), pp. 667-704 (with R. Glenn Hubbard and Darius Palia).

44. [N] "Network Externalities, Complementarities, and Invitations to Enter," European Journal of Political Economy vol. 12, (1996), pp. 211-232.

45. [F] [N] [L] "Special Issue on Network Economics: Business Conduct and Market Structure," International Journal of Industrial Organization, vol. 14, no. 6, pp. 669-671 (October 1996).

46. [N] Regulatory Pricing Policies to Neutralize Network Dominance," Industrial and Corporate Change, vol. 5, no. 4, (1996), pp. 1013-1028 (with Giuseppe Lopomo and Glenn Woroch).

47. [F] [N] "One-Way Networks, Two-Way Networks, Compatibility, and Public Policy," with Lawrence J. White, in Opening Networks to Competition: The Regulation and Pricing of Access. David Gabel and David Weiman (eds.). Kluwer Academic Press. 1996.

48. [F] [N] "Equity Trading Practices and Market Structure: Assessing Asset Managers' Demand for Immediacy," Financial Markets, Institutions & Instruments, vol. 4, no. 4, (November 1995) pp. 1-46 (with Robert A. Schwartz).

49. [N] "Access and Interconnection Pricing: How Efficient is the 'Efficient Component Pricing Rule'?," Antitrust Bulletin vol. XL, no. 3, pp. 557-579 (1996), (with Lawrence J. White).

50. [F] [N] "Electronic Call Market Trading," Journal of Portfolio Management, vol. 21, no. 3, pp. 10-18, (Spring 1995) (with Robert Schwartz).

51. [F] [N] "Critical Mass and Network Evolution in Telecommunications," with Charles Himmelberg, Toward a Competitive Telecommunications Industry: Selected Papers from the 1994 Telecommunications Policy Research Conference, Gerard Brock (ed.), 1995.

52. [N] "The Quality of Complex Systems and Industry Structure," with Bill Lehr, in William Lehr (ed.), Quality and Reliability of Telecommunications Infrastructure. Hillsdale: Lawrence Erlbaum, 1994.

53. [F] [N] "How to Enhance Market Liquidity," in R. Schwartz (ed.) Global Equity Markets, New York: Irwin Professional, 1995.

54. [F] [N] Making the Trade: Equity Trading Practices and Market Structure, TraderForum, Institutional Investor (with Robert Schwartz).

55. [F] [N] "Commentary on Antitrust Economics of Credit Card Networks," Federal Reserve Bank of St. Louis Review November- December 1995, pp. 60-63.

56. [L] "Competitive Positioning with Non-Uniform Preferences," Marketing Science, vol. 13, no. 3, (Summer 1994), pp. 248-273 (with Asim Ansari and Avijit Ghosh).

57. [F] [N] "Networks and Compatibility: Implications for Antitrust," European Economic Review, vol. 38, (March 1994), pp. 651-662 (with Lawrence J. White).

58. "Comments on 'Ranking Alternative Trade-Restricting Policies Under Duopoly', by Jota Ishikawa," Japan and the World Economy, vol. 6, (1994), pp. 171-173.

59. "Quantity Leadership and Social Inefficiency," International Journal of Industrial Organization, vol. 11, no. 2, (1993), pp. 219-237.

60. [L] "Quality Variations in the Circular Model of Differentiated Products," Regional Science and Urban Economics, vol. 23, no. 2 (1993), pp. 235-257.

61. [L] "Hotelling's 'Main Street' With More Than Two Competitors," (1993), Journal of Regional Science, vol. 33, no. 3, pp. 303-319.

62. [F] [N] "Network Economics with Application to Finance," Financial Markets, Institutions & Instruments, vol. 2, no. 5, (December 1993), pp. 89-97.

63. [L] "Differentiated Public Goods: Privatization and Optimality," (1993), with Susan Rose-Ackerman, in Does Economic Space Matter? Essays in Honour of Melvin L. Greenhut, edited by H. Ohta & J.-F. Thisse. New York: St. Martin's Press, 1993.

64. [N] "A Monopolist's Incentive to Invite Competitors to Enter in Telecommunications Services," in Gerard Pogorel (ed.), Global Telecommunications Strategies and Technological Changes, pp. 227-239, Amsterdam: Elsevier, 1993.

65. [F] Proposal to the Bank of Greece on the Organization of Primary and Secondary Markets in Greek State Bills, Notes, and Bonds.

66. [N] "Competition and Integration Among Complements, and Network Market Structure," Journal of Industrial Economics, vol. XL, no. 1 (1992), pp. 105-123 (with Steven C. Salop).

67. [F] [N] "Liquidity and Markets," in The New Palgrave Dictionary of Finance, London: Macmillan, 1992.

68. [F] [N] [L] "Compatibility and the Creation of Shared Networks," in Electronic Services Networks: A Business and Public Policy Challenge, edited by Margaret Guerin-Calvert and Steven Wildman, Praeger Publishing Inc., New York: 1991.

69. [N] "Desirability of Compatibility in the Absence of Network Externalities," American Economic Review, vol. 79, (December 1989), no. 5, pp. 1165-1181.

70. [L] "Symmetric Equilibrium Existence and Optimality in Differentiated Products Markets," Journal of Economic Theory, vol. 47, no.1 (1989), pp. 178-194.

71. [L] "Quality Variations and Maximal Product Differentiation," Regional Science and Urban Economics, vol. 19, (1989), pp. 21-29.

72. [F] [N] [L] "The Division of Markets is Limited by the Extent of Liquidity," with A. Siow, American Economic Review, vol. 78, no. 1 (March 1988), pp. 108-121.

73. "The Economics of Trademarks," Trademark Reporter, vol. 78, (July-August 1988), pp. 523-539.

74. [L] "On Nash Equilibrium Existence and Optimality in Oligopolistic Competition in Prices and Varieties," Greek Economic Review, vol. 9, no. 2 (1987), pp. 198-209.

75. [L] "Nash Equilibrium Existence in Duopoly with Products Defined by Two Characteristics," Rand Journal of Economics, vol. 17, no. 3 (1986), pp. 431-439.

76. "Stable Cartels," with M.P. Donsimoni and H.M. Polemarchakis, International Economic Review, vol. 22, no. 2 (1986), pp. 317-327.

77. [L] "Minimal and Maximal Product Differentiation in Hotelling's Duopoly," Economics Letters, vol. 21 (1986), pp. 67-71.

78. [F] "The Pareto-Optimal Design of Term Life Insurance Contracts," with D. F. Babbel, Scandinavian Actuarial Journal, (1985), pp. 49-63.

79. [L] "Existence of Equilibrium in Price-Quality Competition," Greek Economic Review, vol. 7, no. 2 (1985), pp. 179-186.

80. [L] "The Principle of Minimum Differentiation Revisited," European Economic Review, vol. 24, (1984), pp. 345-368.

81. [L] "Do Increases in Preference Diversity (Across Countries) Induce Increases in Trade? An Affirmative Example," Journal of International Economics, vol. 17 (1984), pp. 375-381.

82. [F] "The Demand for Life Insurance: An Application of the Economics of Uncertainty: Comments," Journal of Finance, vol. 37, no. 5 (1982), pp. 1305-1309.

83. [L] Oligopoly in Markets for Products Differentiated by their Characteristics, Ph.D. dissertation, University of California, Berkeley, 1981.

B. WORKING PAPERS.

84. [N] [L] "Unbundling Music: The Effect of Online Selling of Individual Songs on Prices," (with Sherif Nasser), September 2007, mimeo.

85. [N] "Competition Policy Issues in the Consumer Payments Industry, " NET Institute Working Paper #08-39 (October 2008).

86. [N] [L] "Net Neutrality on the Internet: A Two-sided Market Analysis," (with Joacim Tag), NET Institute Working Paper #07-14, September 2007.

87. [N] [F] "Nonbanks in the Payments System: Vertical Integration Issues," NET Institute Working Paper #07-06 (August 2007).

88. [N] "Pricing of Complementary Goods and Network Effects," (with V. Brian Viard), NET Institute Working Paper (October 2007).

89. [N] "Dynamic Duopoly with Network Effects" (with Matt Mitchell and Andrzej Skrzypacz), mimeo.

90. [N] "The Incentive for Vertical Integration," NET Institute Working Paper #05-01, January 2005.

91. [L] "Does it Pay to be First? Sequential Locational Choice and Foreclosure" (jointly with Jamie Howell and Sergio Meza)

92. [N] "Quality Choice in Markets with Network Effects," (with Cristian Dezso), mimeo.

93. [N] "Standards Coalitions Formation and Market Structure in Network Industries," (with Andrzej Skrzypacz) Working Paper no. EC-03-08, Stern School of Business, N.Y.U.

94. [N] "The Microsoft Antitrust Case: A Case Study For MBA Students," mimeo.

95. [N] "Market Structure in Network Industries," mimeo.

96. [N] "Raising Rivals Costs in Complementary Goods Markets: LECs Entering into Long Distance and Microsoft Bundling Internet Explorer," Discussion Paper EC-98-03, Stern School of Business, N.Y.U.

97. [N] "Compatibility and Market Structure for Network Goods," Discussion Paper EC-98-02, Stern School of Business, N.Y.U. (with Fredrick Flyer).

98. [N] "Critical Mass and Network Size with Application to the US Fax Market," Discussion Paper no. EC-95-11, Stern School of Business, N.Y.U. (with Charles Himmelberg).

99. "Monopolistic Competition with Two-Part Tariffs," with Steven S. Wildman.

100. "The Incentive of a Multiproduct Monopolist to Provide All Goods," Discussion Paper EC-95-09, Stern School of Business, N.Y.U.

101. [N] "Principles of Interconnection: A Response to 'Regulation of Access to Vertically-Integrated Natural Monopolies," submitted to the New Zealand Ministry of Commerce.

102. [F] [N] "Equilibrium Fee Schedules in a Monopolist Call Market," with Jeff Heisler, Discussion Paper no. EC-94-15, Stern School of Business, N.Y.U.

103. [N] "Mixed Bundling in Duopoly," Discussion Paper EC-93-29, Stern School of Business, N.Y.U.

104. [N] "Benefits and Pitfalls of Network Interconnection," with Glenn Woroch, Discussion Paper no. EC-92-31, Stern School of Business, N.Y.U.

105. [N] [L] "Compatibility and Market Structure," Discussion Paper EC-91-16, Stern School of Business, N.Y.U.

106. [F] "Co-existence of Call and Continuous Markets," with Jeff Heisler, mimeo.

107. [N] "Market Structure of Broadband and Multimedia Services on the Information Superhighway," with David Salant, mimeo.

108. [L] "The Benefits of Franchising and Vertical Disintegration in Markets for Locationally Differentiated Products," mimeo.

109. [N] "Variable Compatibility Without Network Externalities," Discussion Paper No. 157, Center for Economic Policy Research, Department of Economics, Stanford University.

110. "The Choice of Strategy Space in Duopoly," mimeo.

111. [L] "A Simple Model of Trade in Differentiated Products," International Economics Research Center Discussion Paper No. 26 (195), Department of Economics, Columbia University.

112. "One-sided and Two-sided Commitments," Discussion Paper No. 337, Department of Economics, Columbia University.

113. "Equilibrium Coalition Structures," Discussion Paper No. 273, Columbia University, Department of Economics.

114. "Stable Open Shop Unions," Discussion Paper No. 247, Columbia University, Department of Economics.

C. WORK IN PROGRESS

1. The Economics of Compatibility, Add-ons, Adapters and Interfaces

2. Liquidity and the Demand for Immediacy in Financial Transactions

3. Vertical Relations; Complementary Goods; Franchising

4. Product Quality and Variety, Entry, and Welfare Considerations

5. Endogenous Formation of Markets

6. Bundling

7. Two-Part Tariffs, and other Non-Linear Pricing Schemes

8. Patents and antitrust

D. PROFESSIONAL ACTIVITIES

Created in December 2002 and is the Executive Director of the NET Institute, www.NETinst.org. The Networks, Electronic Commerce and Telecommunications ("NET") Institute is a non-profit institution devoted to research on network industries, electronic commerce, telecommunications, the Internet, "virtual networks" comprised of computers that share the same technical standard or operating system, and on network issues in general. The NET Institute functions as a world-wide focal point for research and open exchange and dissemination of ideas in these areas. The NET Institute competitively funds cutting edge research projects in these areas of research. It organizes conferences and seminars on these issues. In its three years of operation, the NET Institute has funded through competitive proposals 60 researchers (typically assistant professors) who received summer grants for research in the areas mentioned above. The NET Institute's Board consists of Professor Kenneth Arrow, Dr. Vinton G. Cerf, Professor Nicholas Economides, Dr. Nathan Myhrvold (Intellectual Ventures) and Professor Ariel Pakes.
Co-editor, Journal of Economics & Management Strategy (JEMS)
Editor, International Journal of Industrial Organization, 1993-2002
Editor, Netnomics
Editor, European Academy for Standardization Yearbook
Editor, International Journal of Management and Networks Economics (IJMNE)
Editorial Board, Information Economics and Policy (IEP)
Editorial Board, Quarterly Journal of Electronic Commerce
Editorial Board, Journal of Financial Transformation
Editorial Board, Policy and the Internet
Editor, Economics of Networks, Social Science Research Network
Advisory Board, Journal of Network Industries
Advisory Board, Journal of Competition and Regulation in Network Industries
Advisory Board, Industrial Organization: Theory, Social Science Research Network
Advisory Board, Industrial Organization: Industry Studies, Social Science Research Network
Advisory Board, Industrial Organization: Productivity, Innovation, and Technology, Social Science Research Network
Advisory Board, Industrial Organization: Regulation, Antitrust, and Privatization, Social Science Research Network
Advisory Board, Economist Intelligence Unit
Editor of a special issue of the International Journal of Industrial Organization on Network Economics
Referee for The American Economic Review, Annales d’Economie et de Statistique, Australian Economic Papers, B.E. Journals in Economic Analysis and Policy, Econometrica, The Economic Journal, Economic Theory, Economica, The European Economic Review, International Economic Review, International Journal of Industrial Organization, The Journal of Economic Theory, The Journal of Economics, Management and Organization, The Journal of Finance, The Journal of Industrial Economics, The Journal of International Economics, Journal of Political Economy, Journal of Regional Science, Kyklos, Marketing Science, Mathematical Social Sciences, Quarterly Journal of Economics, Quarterly Review of Economics and Finance, The Rand Journal of Economics, The Review of Economic Studies, Scandinavian Actuarial Journal, Regional Science and Urban Economics, Zeitschrift fuer Nationaloekonomie, as well as for the National Science Foundation.
Career Award Panel, National Science Foundation, 2006.
Has made numerous presentations of current research at leading Universities and at conferences, including the Winter and Summer Meetings of the Econometric Society and the American Economic Association, the Annual Congress of the European Economic Association, the European Association for Research in Industrial Economics, the Telecommunications Policy Research Conference, and many others. Has organized the Industrial Organization and the Economic Theory Workshops at Columbia University 1982-1988. In recent years he organized the Industrial Organization Workshop at the Stern School of Business, N.Y.U.
Has created a server on the Internet on The Economics of Networks. This server contains information on networks, working papers, and a very extensive interactive bibliography on this subject. The Economist magazine has rated this web site among the top 4 economics site in the world. Since its creation in March 1995, it has been visited over 4 million times.
Outside reviewer in numerous promotion and tenure cases.

Ph.D. students supervised while at Stern (graduated):

Asim Ansari, presently professor at Columbia Business School.
Angelos Antzoulatos, presently Economist at the International Research Division of the Federal Reserve Bank of New York.
Ravi Aron, presently assistant professor of Information Systems at the Wharton School, University of Pennsylvania.
Cristian Dezso, presently assistant professor at the University of Maryland.
Mark Ginsburg, presently professor at the University of Arizona
Jeffrey Heisler, presently professor at the Business School of Boston University.
Evangelos Katsamakas, Assistant Professor at Fordham University
Ravi Mantena, Assistant Professor at the University of Rochester Business School.
Sergio Meza, presently Assistant Professor of Marketing at the University of Toronto Business School
Sherif Nasser, Assistant Professor of Marketing, Olin School of Business, Washington University
Gal Oestreicher-Singer, presently Assistant Professor at Tel Aviv University
Chris Stefanadis, presently Assistant Professor at the University of Arizona
Shivakumar Viswanathan, presently assistant professor of Information Systems at the Business School of the University of Maryland.
Mingdi Xin, Information Systems.

E. PROFESSIONAL MEMBERSHIPS

Member of the American Economic Association, the Industrial Organization Society, the European Industrial Organization Society, and the Econometric Society.

University Senator and University Faculty Council member, New York University; head of the Finance Committee of the University Senate

F. AWARDS

Glucksman Fellowship award, 1991-1992, 1993-1994.
National Science Foundation research grant, 1984 - 1988.
Summer Research Grant, Stern School of Business, 1990-1996.
Research Associate, Columbia Institute for Tele-Information, Columbia Business School.
Research Associate, Center for the Study of Futures Markets, Columbia Business School.
Fellowship by the Center for Law and Economics, Columbia University, 1984 - 1986.
Council for Research in the Social Sciences research grant, Summer 1985.
Council for Research in the Social Sciences research grant, Summer 1984.
Council for Research in the Social Sciences research grant, Summer 1982.

G. REFERENCES

References are available upon request.

H. CORPORATE AFFILIATIONS

Advisor to the U.S. Federal Trade Commission, the governments of Greece, Ireland, New Zealand, and Portugal, Attorneys General of several States, major telecommunications corporations, a number of the Federal Reserve Banks, the Bank of Greece, and major Financial Exchanges. Advisory Board, Economist Intelligence Unit. List of cases where I have served as an expert on antitrust, regulatory, and public policy matters or is available upon request.

I. RECENT SENINARS AND CONFERENCE PRESENTATIONS

Speaker, New York City Bar Association, November 25, 2008
Speaker, NYU Law School, November 11, 2008
Speaker, Wharton School, November 4, 2008
Speaker, Axinn, Veltdrop, Harkrider, October 6, 2008
Speaker, Telecommunications Policy Research Conference, Arlington, VA, September 29, 2008
Speaker, Brookings Institution, September 16, 2008
Speaker, Telecommunications Regulator, Athens, Greece, June 2, 2008
Speaker, Athens Business School, May 29, 2008
Speaker, IIOC conference, May 17, 2008
Speaker Fordham University, May 2, 2008
Seminar Speaker, Stern School of Business, February 19, 2008
Seminar Speaker, UC Santa Barbara, December 5, 2007
Seminar Speaker, Haas School of Business, University of California, Berkeley, November 29, 2007
Speaker, Northwestern University School of Law, Conference: "The End of the Microsoft Antitrust Case?," November 15, 2007
Seminar Speaker, Marshall School, USC, Los Angeles, November 9, 2007
Seminar Speaker, Annenberg School, USC, Los Angeles, November 8, 2007
Seminar Speaker, iSchool, University of California, Berkeley, November 7, 2007
Seminar Speaker, Economics Department, University of California, Berkeley, October 30, 2007
Seminar Speaker, UC Santa Cruz, October 9, 2007
Seminar Speaker, University of Maryland, September 28, 2007
Speaker, Telecommunications Policy Research Conference, Arlington, VA, September 29, 2007
Speaker, The Reform of EC and Greek Competition Law, Athens, Greece, June 1-2, 2007
Organizer and speaker, NET Institute Conference, New York, April 20, 2007
Keynote Speaker, Hawaii International Conference on System Sciences, January 3-6, 2007
Speaker, Structuring Regulatory Frameworks for Dynamic and Competitive South Eastern European Markets, Athens, Greece, December 18 - 19, 2006.
Speaker, The Future of Telecommunications, University of Southern California, Los Angeles, October 13, 2006
Seminar Speaker, University of Southern California, Los Angeles, October 12, 2006
Speaker, Telecommunications Policy Research Conference, Arlington, VA, September 30, 2006
Speaker, Telecommunications Policy Research Conference, Arlington, VA, September 29, 2006
Speaker, Stepping Stones And Stumbling Blocks: Lessons From The Telecom Wars Conference, George Mason Law School, Arlington, VA, September 28, 2006
Seminar speaker, University of California, Berkeley, September 26, 2006
Speaker, American Bar Association, San Francisco, September 15, 2006
Seminar speaker, University of California, Berkeley, September 13, 2006
Organizer and speaker, NET Institute Conference, New York, April 21, 2006
Speaker and session chairman, Industrial Organization Conference, Boston, April 9, 2006
Discussant, Industrial Organization Conference, Boston, April 8, 2006
Speaker, Industrial Organization Conference, Boston, April 8, 2006
Speaker, Quello Telecommunications Conference, Washington DC, April 6, 2006
Speaker, Open Source in the International Marketplace, University of Pennsylvania Law School, Philadelphia, March 31, 2006
Speaker, Rotman School of Business, University of Toronto, November 21, 2005
Speaker, Telecommunications Policy Research Conference, September 24, 2005
Speaker, Japan Fair Trade Commission, Tokyo, September 20, 2005
Speaker, University of Tokyo, Tokyo, September 16, 2005
Speaker, Stern's Center for Digital Economy Research Workshop, June 16, 2005, see Workshop
Speaker, NYU Law School, April 7, 2005
Speaker, University of California, Santa Cruz, January 11, 2005
Speaker, American Economic Association Meetings, Philadelphia, January 8, 2005
Speaker, Stern School of Business, New York, November 16, 2004
Speaker, Department of State, Washington DC, November 12, 2004
Speaker, Athens Business School and University of Athens, Athens, Greece, October 19, 2004
Speaker, "Law of Network Potential" Conference, University of California, Berkeley, October 14, 2004.
Speaker, Telecommunications Conference, Stanford University, Stanford, California, October 9, 2004
Speaker, Telecommunications Policy Research Conference, Arlington, Virginia, October 1-3, 2004
Speaker, Columbia University, New York, "After the Closing of the Spectrum Frontier: What Spectrum Allocation Models Work Best, When, And Where?," September 27, 2004
Speaker, U.C. Berkeley, July 31, 2004
Speaker, Stanford University, July 12, 2004
Speaker, UC Davis, April 27, 2004
Session chairman and discussant, IIOC conference, Chicago, IL, April 24, 2004
Speaker, IIOC conference, Chicago, IL, April 23, 2004
Speaker, University of Arizona, April 19, 2004
Speaker, Stern School of Business, New York, March 11, 2003
Speaker, Hoover Institution, Stanford University, Stanford, CA, March 9. 2003
Speaker and organizer, NET Institute conference, New York, NY, December 12, 2003
Speaker, Stern School of Business, New York, NY. December 4, 2003
Speaker, Federal Trade Commission, Washington DC, November 6, 2003
Speaker, Department of State, Washington DC, November 5, 2003
Speaker, Telecommunications Policy Research Conference, Arlington, Virginia, September 19-21, 2003
Speaker, "Complexities and the Limits of Organization" conference, Columbia University, February 24, 2003
Speaker, "Network Economics and Antitrust," Law School, New York University, March 31, 2003
Speaker, "Integration, Investment And Innovation: Future Directions for the Telecommunications Industry" conference, Georgetown University, February 21, 2003
Seminar speaker, Stern School of Business, October 31, 2002
Speaker, Conference: "On the future agenda for economic policy," Stanford University, October 24-26, 2002
Speaker, Telecommunications Policy Research Conference, Alexandria, VA, September 28-30, 2002
Speaker, American Bar Association Meetings, Washington DC, August 11, 2002
Speaker, New Economy Conference, Athens, Greece, June 7, 2002
Keynote speaker, Austrian Economic Association Conference - NOEG, Vienna, Austria, May 16, 2002
Speaker, Trends for the New Economy Conference, Texas A&M, April 19, 2002
Speaker, organizer, and moderator, CEO Summit on Rebuilding Confidence in the US Economy, New York University, December 7, 2001, see CEO Summit
Seminar speaker, Stern School of Business, November 13, 2001
Speaker, Telecommunications Policy Research Conference, Alexandria, VA, October 29, 2001
Session chairman, Telecommunications Policy Research Conference, Alexandria, VA, October 28, 2001
Speaker, Conference: "Key Drivers For Wireless 3G," Columbia University, October 25, 2001
Speaker, Federalist Society, "The Microsoft Decision, What's Next?," New York, October 24, 2001
Speaker and moderator, American Bar Association Meeting, Chicago, August 7, 2001
Speaker, Supercomm Conference, Atlanta, June 4, 2001
Seminar speaker, Hoover Institution, Stanford University, May 7, 2001
Seminar speaker, Economics Department, Stanford University, May 7, 2001
Conference speaker, AT&T, April 25, 2001
Seminar speaker, Stern School of Business, April 24, 2001
Seminar speaker, MIT, April 23, 2001
Seminar speaker, Law School, Stanford University, April 18, 2001.
Seminar speaker, Graduate School of Business, Stanford University, March 21, 2001.
Seminar speaker, University of California, Berkeley, March 18, 2001
Seminar speaker, University of California, Santa Barbara, March 12, 2001
Seminar speaker, University of California, Los Angeles, March 2, 2001
Seminar speaker, Stanford University, February 28, 2001.
Speaker, "Consumers in the Digital Age Conference," Hastings Law Journal Symposium, San Francisco, February 11, 2001.
Speaker: "Microsoft Antitrust," Winter Meetings of the American Economic Society, New Orleans, January 7, 2001.
Keynote speaker, Canadian Competition Bureau, Ottawa, Canada, November 15, 2000.
Speaker, Southern Economic Association, Arlington, Virginia, November 12, 2000
Seminar speaker, Stern School of Business, New York University, October 17, 2000.
Seminar speaker, Columbia University Law School, October 10, 2000.
Speaker, New York University School of Law, September 25, 2000.
Seminar speaker at the Federal Reserve Bank of Philadelphia, September 18, 2000.
Webcast presentation on the AOL-Time Warner merger, Yahoo FinanceVision, July 28, 2000.
Speaker and session organizer, Conference of the European Financial Management Association, Athens, June 29, 2000.
Seminar speaker, Athens Business School, June 26, 2000.
Speaker, Credit Suisse First Boston, New York, May 11, 2000.
Conference organizer and speaker, "The Law and Economics of United States v. Microsoft," Stern School of Business and NYU School of Law, May 5, 2000.
Speaker, "The Telecommunications Act of 1996," American Enterprise Institute, Washington DC, April 27, 2000.
Seminar Speaker, "United States v. Microsoft," Stern School of Business, April 25, 2000.
Speaker, "The Telecommunications Act of 1996," American Enterprise Institute and USC Annenberg Center for Communications Studies, Los Angeles, April 7, 2000.
Session chairman, Econometric Society Meetings Winter 2000, Boston, January 7-9, 2000.
Speaker, Competition Policy for the Cyber-World, Columbia University, November 18-19, 1999.
Speaker and co-organizer, Whither Social Science Data and Data Infrastructure Conference, Stern School of Business, New York, November 12-13, 1999.
Telecommunications Policy Research Conference, Alexandria, Virginia, September 26, 1999.
Speaker, Athens Laboratory of Economic Research, Athens, Greece, June 16, 1999.
Speaker, Swedish Competition Authority, Stockholm, Sweden, June 3, 1999.
Speaker, Stockholm School of Economics, Stockholm, Sweden, June 4, 1999.
Panelist, Roundtable on remedies in the Microsoft case, Progress and Freedom Foundation, March 17, 1999.
Seminar speaker, Federal Communications Commission, Washington DC, January 7, 1999.
Session organizer and speaker, "Network Industries," ASSA meetings, New York, January 5, 1999.
Panelist, "The Microsoft Case," ASSA meetings, New York, January 3, 1999.
Speaker, Law and Economics Seminar, Columbia University, "The Microsoft Case," December 7, 1998.
Organizing Committee and speaker, First International Conference on Information and Computation Economies, October 26, 1998
Speaker, Telecommunications Policy Research Conference, October 4, 1998
Session chairman, Telecommunications Policy Research Conference, October 4, 1998
Speaker, Conference on Real Options, Columbia University, October 2, 1998
Keynote speaker, EARIE conference, Copenhagen, August 28, 1998
Speaker, Summer program, Social Science Research Council, August 8, 1998
Speaker, Conference on "Competition, Convergence and the Microsoft Monopoly: The Future of the Digital Marketplace," Progress and Freedom Foundation Conference, Washington DC, February 4, 1998
Speaker and session organizer, American Economic Association Winter Meetings, Chicago, January 4-6, 1998
Speaker, Telecommunications Policy Conference, organized by the Japanese Ministry of Telecommunications and the Japan-US Center of Stern, Tokyo, Japan, December 4, 1997
Speaker, Information Systems seminar, Stern School of Business, November 6, 1997
Speaker, Industrial Organization Seminar, Stern School of Business, September 30, 1997
Speaker and session organizer, Telecommunications Policy Research Conference, Alexandria, Virginia, September 27-29, 1997
Speaker, Voice-on-the-Net Conference, Boston, September 25, 1997
Speaker, Conference on Internet Telephony, organized by the National Telecommunications Infrastructure Initiative, Washington DC, September 4, 1997
Speaker, Federal Communications Commission, Washington DC, September 3, 1997
Seminar speaker, Stanford University, August 7, 1997 Speaker, Workshop on Synthetic Economies, conference organized by the Institute for Defense Analysis, Washington DC, July 23-24, 199
Speaker, Western Economic Association, Seattle, July 10, 1997
Seminar speaker, University of California, Irvine, May 5, 1997
Speaker, Institutional Investors, Athens, Greece, June 19, 1997
Seminar speaker, Stanford University, April 9, 1997
Speaker, Voice-on-the-Net Conference, San Francisco, April 1, 1997
Seminar speaker, Stanford University, March 3, 1997
Seminar speaker, Stanford University, February 25, 1997
Seminar speaker, University of California, Berkeley, February 6, 1997
Speaker and organizer, Stern School of Business, Roundtable for Electronic Commerce, November 22, 1996
Seminar speaker, University of California, Berkeley, November 5, 1996
Seminar speaker, Stern School of Business, October 24, 1996
Speaker and session organizer, Telecommunications Policy Research Conference, October 6, 1996
Seminar speaker, Federal Reserve Bank of St. Louis, May 17, 1996
Speaker, Consortium on Telecommunications Conference at Northwestern, May 10, 1996
Organizer, Roundtable for Electronic Commerce, Stern School of Business, April 26, 1996
Seminar speaker, Workshop on Clearing Houses at the Cleveland Federal Reserve Bank, April 19, 1996
Speaker at the Canadian Competition Bureau, March 28, 1996
Seminar speaker at Princeton University, February 27, 1996
Seminar speaker at INSEAD, January 17, 1996
Speaker at the Ecole Polytechnique / University of Paris I colloquium on the Cement Industry, January 15, 1996
Presenter of two research papers and organizer of as session at the ASSA conference, January 5-7, 1996
Seminar speaker at the Federal Trade Commission, December 07, 1995
Seminar speaker at the University of Toronto, November 06, 1995
Seminar speaker at Yale University, October 26, 1995
Speaker at the Workshop on Telecommunications conference, Wellington, New Zealand, October 18-19, 1995
Speaker at the CIRANO conference on networks, Montreal, October 13, 1995
Speaker in Workshop on "Economic Survival" at the Stern School of Business, October 12, 1995
Speaker at the 1995 Telecommunications Policy Research Conference, September 30 - October 2, 1995
Speaker at the New York Law School conference on "The Senate Telecommunications Bill: A Primer," August 23, 1995
Speaker at the Interoperability Conference, Freedom Forum, Washington DC, July 6-7, 1995
Speaker at the New York Law School conference on "The Senate Telecommunications Bill: A Primer," June 29, 1995
Speaker at the CEPR conference of Mobile Telephony at CREST-LEI, ENSAE, Paris, June 8, 1995
Speaker at the Annual National Conference of Economic Research in France, University of Nantes, June 9, 1995
Speaker at a seminar at the Stockholm School of Economics, May 29, 1995
Speaker at a conference on the "Restructuring and Privatization of the Electricity Industry in Europe," Athens, Greece, May 25, 1995
Speaker at a joint seminar of Economics and GBA at Chicago, May 4, 1995
Seminar speaker at the London School of Economics, April 28, 1995
Seminar speaker at the Federal Reserve Bank of Philadelphia, April 21, 1995
Speaker at a conference of Electronic Call Market Trading at the Stern School, April 20, 1995
Speaker at the "Utilities Regulation Network Conference," Milan, Italy, April 7-8, 1995
Seminar speaker at the Stanford Business School, March 14, 1995
Seminar speaker at the University of California, Berkeley, March 13, 1995
Seminar speaker at the University of California, Los Angeles, March 10, 1995
Speaker and member of the organizing committee at "Strategic Alliances and Interconnection," Symposium organized by the International Telecommunications Society," University of Colorado at Boulder, January 9, 1995