top of page
Publications
Books​​​​​​​​
​​

  1. U.S. Freight Rail Economics and Policy: Are We on the Right Track? (with Jeffrey T. Macher), New York and London: Routledge, 2019.

  2. Government and Business: The Economics of Antitrust and Regulation (with David L. Kaserman), Fort Worth, TX: Dryden Press, 1995.

​

Articles in Journals 
​

  1. "The Report of My Death was an Exaggeration: Business Dynamism in the United States" (John W. Mayo), The Economists’ Voice, forthcoming.

  2. "Customer Switching, Firm Entry and Regulatory Policy: Evidence from Retail Electric Market Restructuring" (with Jeffrey T. Macher and Robert Press), Economic Inquiry, forthcoming.

  3. "The Evolution of Judicial Standards: Evidence from Litigated Merger Trials" (with Jeffrey T. Macher, David E.M. Sappington, and Mark Whitener), Journal of Law, Economics, and Organization, forthcoming.

  4. "The Evolution of Contracting: Evidence from the U.S. Freight Rail Industry" (with Jeffrey T. Macher and David E.M. Sappington), Journal of Law, Economics, and Organization, forthcoming.

  5. "Demand in a Portfolio Choice Environment: The Evolution of Telecommunications" (with Jeffrey T. Macher, Olga Ukhaneva, and Glenn Woroch), Review of Network Economics, 21 (November 2023): 211-260.

  6. "On the Misuse of Regressions of Price on the HHI in Merger Review" (with Nathan Miller et al.), Journal of Antitrust Enforcement, 10 (July 2022): 248-259.

  7. "The Welfare Effects of Vertical Mergers and Their Remedies" (with Mark Whitener), Review of Industrial Organization,59 (September 2021): 409-441.

  8. "The Evolution of Merger Enforcement Intensity: What do the Data Show?" (with Jeffrey T. Macher), Journal of Competition Law and Economics, September 2021, pp. 708-727.

  9. "Vertical Integration and the Evolution of Audiovisual Services: Economic Policy Implications for Brazil" (John W. Mayo), The Law, State and Telecommunications Review, 12 (May 2020): 1-8.

  10. "Will Ideology Block Opportunity? Regulatory Reform in the Infrastructure Industries" (John W. Mayo), Federal Communications Law Journal, 70 (May 2018): 199-210.

  11. "From Universal Service to Universal Connectivity" (with Jeffrey T. Macher, Olga Ukhaneva, and Glenn Woroch), Journal of Regulatory Economics, 52 (August 2017): 77-104.

  12. "The Evolution of 'Competition': Lessons for 21st Century Communications Policy" (with Amanda B. Delp), Review of Industrial Organization, 50 (June 2017): 393-416.

  13. "International Telecommunications Demand" (with Olga Ukhaneva), Information Economics and Policy, 39 (June 2017): 26-35.

  14. "Regulation in a 'Deregulated' Industry: Railroads in the Post-Staggers Era" (with David E.M. Sappington), Review of Industrial Organization, 49 (September 2016): 203-227.

  15. "Targeting Efforts to Raise Rivals’ Costs: Moving from 'Whether' to 'Whom'" (with David M. Mandy and David E.M. Sappington), International Journal of Industrial Organization, 46 (May 2016): 1-15.

  16. "When Do Auctions Ensure the Welfare-Maximizing Allocation of Scarce Inputs?" (with David E.M. Sappington), RAND Journal of Economics, 47 (Spring 2016): 186-206.

  17. "Can You Hear Me Now: Exit, Voice, and Loyalty Under Increasing Competition" (with T. Randolph Beard and Jeffrey T. Macher), Journal of Law and Economics, 58 (August 2015): 717-745.

  18. "Influencing Public Policymaking: Firm-, Industry-, and Country-Level Determinants" (with Jeffrey T. Macher), Strategic Management Journal, 36 (December 2015): 2021–2038.

  19. "Revenue Adequacy: The Good, the Bad, and the Ugly" (with Jeffrey T. Macher and Lee F. Pinkowitz), Transportation Law Journal, 41 (2014): 85-127.

  20. "The Evolution of Innovation and the Evolution of Regulation: Emerging Tensions and Emerging Opportunities in Communications" (with Larry Downes), CommLaw Conspectus: Journal of Communications Law and Policy, 23 (2014): 10-51.

  21. "Moving Past the Ideological Debate: A Results-Based Regulation Approach to Net Neutrality" (John W. Mayo), Democracy: A Journal of Ideas, no. 34 (Fall 2014): 21-27.

  22. "The Evolution of Regulation: 20th Century Lessons and 21st Century Opportunities" (John W. Mayo), Federal Communications Law Journal, 65 (April 2013): 119-156.

  23. "It’s Time to Unify Telecommunications Policy" (with Jeffrey T. Macher), The Economists’ Voice, 9 (2012): 1-6.

  24. "The World of Regulatory Influence" (with Jeffrey T. Macher), Journal of Regulatory Economics, 41 (February 2012): 59-79.

  25. "Regulator Heterogeneity and Endogenous Efforts to Close the Information Asymmetry Gap: Evidence from FDA Regulation" (with Jeffrey T. Macher and Jackson A. Nickerson), Journal of Law and Economics, 54 (February 2011): 25-54.

  26. "From Network Externalities to Broadband Growth Externalities: A Bridge Not Yet Built" (with Scott Wallsten), Review of Industrial Organization, 38 (March 2011): 173-190.

  27. "The Influence of Firms on Government" (with Jeffrey T. Macher and Mirjam Schiffer), The B.E. Journal of Economic Analysis & Policy, 11, issue 1 (January 2011): 1-25.

  28. "Making a Market Out of a Molehill?: Geographic Market Definition in Aspen Skiing" (with Jeffrey T. Macher), Journal of Competition Law and Economics, 6 (December 2010): 911-926.

  29. "Enabling Efficient Wireless Communications: The Role of Secondary Spectrum Markets" (with Scott Wallsten), Information Economics and Policy, 22 (March 2010): 61-72.

  30. "Wireless Technologies" (with Glenn Woroch), Information Economics and Policy, 22 (March 2010): 1-3.

  31. "Endogenous Regulatory Constraints and the Emergence of Hybrid Regulation" (with Larry Blank), Review of Industrial Organization, 35 (November 2009): 233-255.

  32. "Warm Glow and Charitable Giving: Why the Wealthy Do Not Give More to Charity" (with Catherine H. Tinsley), Journal of Economic Psychology, 30 (June 2009): 490-499.

  33. "Common Costs and Cross-Subsidies: Misestimation Versus Misallocation" (with Mark L. Burton and David L. Kaserman), Contemporary Economic Policy, (April 2009): 193-199.

  34. "It’s No Time to Regulate Wireless Telephony" (John W. Mayo), The Economists’ Voice, 5, issue 1 (2008): 1-4.

  35. "Understanding Participation in Social Programs: Why Don’t Households Pick up the Lifeline?" (with Mark Burton and Jeffrey T. Macher), The B.E. Journal of Economic Analysis & Policy, 7, issue 1 (2007).

  36. "A Graphical Approach to the Stiglerian Theory of Regulation" (with T. Randolph Beard and David L. Kaserman), Journal of Economic Education, 38 (Fall 2007): 447-451.

  37. "Antitrust Economics Meets Antitrust Psychology: A View From the Firms" (with Mirjam Schiffer), International Journal of the Economics of Business, 13 (July 2006): 281-306.

  38. "Regulatory Opportunism and Investment Behavior: Evidence from the U.S. Electric Utility Industry" (with Thomas P. Lyon), RAND Journal of Economics, 36 (Fall 2005): 628-644. Reprinted in The Political Economy of Regulation, edited by Thomas P. Lyon, Edward Elgar, Northampton, MA, 2007.

  39. "On the Impotence of Imputation" (with T. Randolph Beard and David L. Kaserman), Telecommunications Policy, 27, issues 8–9 (September–October 2003): 585-595.

  40. "A Graphical Exposition of the Economic Theory of Regulation" (with T. Randolph Beard and David L. Kaserman), Economic Inquiry, 41 (October 2003): 592-606.

  41. "Regulation, Competition, and the Optimal Recovery of Stranded Costs" (with T. Randolph Beard and David L. Kaserman), International Journal of Industrial Organization, 21 (June 2003): 831-848.

  42. "The Supreme Court Weighs in on Local Exchange Competition: The Meta-Message" (with David L. Kaserman), Review of Network Economics, 1 (September 2002): 119–131.

  43. "Regulation, Vertical Integration, and Sabotage" (with T. Randolph Beard and David L. Kaserman), Journal of Industrial Economics, 49 (September 2001): 319-334. Identified among "The Fifty Most Important Papers in the Economics of Regulation."

  44. "Efficient Telecommunications Policies for the ‘New Economy’: The Compelling Case for Access Charge Reform" (with David L. Kaserman), International Journal of Development Planning Literature, 1 (Special Issue edited by William J. Baumol and Victor A. Becker, April 2001).

  45. "Regulatory Policies Toward Local Exchange Companies Under Emerging Competition: Guardrails or Speedbumps on the Information Highway" (with David L. Kaserman), Information Economics and Policy, 11 (December 1999): 367-388.

  46. "Open Entry and Local Telephone Rates: The Economics of IntraLATA Toll Competition" (with David L. Kaserman, Larry R. Blank, and Simran Kahai), Review of Industrial Organization, 14 (June 1999): 303-319.

  47. "Modeling Entry and Barriers to Entry: A Test of Alternative Specifications" (with Mark L. Burton and David L. Kaserman), Antitrust Bulletin, Summer 1999: 387-420.

  48. "Targeted and Untargeted Subsidy Schemes: Evidence from Post-Divestiture Efforts to Promote Universal Telephone Service" (with Ross Eriksson and David L. Kaserman), Journal of Law and Economics, 41 (October 1998): 477-502.

  49. "Dominant Firm Pricing with Competitive Entry and Regulation: The Case of IntraLATA Toll" (with Larry Blank and David L. Kaserman), Journal of Regulatory Economics, 14 (July 1998): 35-54.

  50. "The Role of Resale Entry in Promoting Local Exchange Competition" (with David L. Kaserman), Telecommunications Policy, 22, no. 4/5 (1998).

  51. "Telecommunications Policy and the Persistence of Local Exchange Monopoly" (with David L. Kaserman), Business Economics, 33 (April 1998): 14-19.

  52. "An Efficient Avoided Cost Pricing Rule for Resale of Local Exchange Telephone Service" (with David L. Kaserman), Journal of Regulatory Economics, 11 (January 1997): 91-107.

  53. "A Dynamic Model of Advertising by the Regulated Firm" (with Francois Melese and David L. Kaserman), Journal of Economics (Zeitschrift fur Nationalökonomie), 64 (1996): 85-106.

  54. "Is the 'Dominant Firm' Dominant? An Empirical Analysis of AT&T's Market Power" (with Simran Kahai and David L. Kaserman), Journal of Law and Economics, 39 (October 1996): 499-517.

  55. "Competition and Asymmetric Regulation in Long Distance Telecommunications: An Assessment of the Evidence" (with David L. Kaserman), CommLaw Conspectus: Journal of Communications Law and Policy, 4 (Winter 1996): 1-26.

  56. "Deregulation and Predation in Long-Distance Telecommunications: An Empirical Test" (with Simran Kahai and David L. Kaserman), Antitrust Bulletin, 40 (Fall 1995): 645-666.

  57. "Cross-Subsidies in Telecommunications: Roadblocks on the Road to More Intelligent Telephone Pricing" (with David L. Kaserman), Yale Journal on Regulation, 11 (Winter 1994): 120-147. Reprinted in Public Utilities Law Anthology, edited by Allison P. Zabriskie, 17, part 2 (July–December 1994): 899-929.

  58. "Demand and Pricing of Telephone Services: Evidence and Welfare Implications" (with Carlos Martins-Filho), RAND Journal of Economics, 24 (Autumn 1993): 399-417.

  59. "Two Views of Applied Welfare Analysis: The Case of Local Telephone Service Pricing—A Comment and Extension" (with David L. Kaserman and David M. Mandy), Southern Economic Journal, 59 (April 1993): 822-827.

  60. "The Political Economy of Deregulation: The Case of Intrastate Long Distance" (with David L. Kaserman and Patricia L. Pacey), Journal of Regulatory Economics, 5 (March 1993): 49-64. 

    Reprinted in The Foundations of Regulatory Economics, Robert E. Ekelund, Jr. (Ed.), Edward Elgar Publishing, Northampton, MA.

  61. "Demand, Pricing, and Regulation: Evidence from the Cable TV Industry" (with Yasuji Otsuka), RAND Journal of Economics, 22, no. 3 (Autumn 1991): 396-410.

  62. "The Measurement of Vertical Economies and the Efficient Structure of the Electric Utility Industry" (with David L. Kaserman), Journal of Industrial Economics, 39, no. 5 (September 1991): 483-502.

  63. "Regulation, Market Structure and Hospital Costs: Reply and Extension" (with Deborah A. McFarland), Southern Economic Journal, 58, no. 2 (October 1991): 535-538.

  64. "Firm Size, Employment Risk and Wages: Further Insights on a Persistent Puzzle" (with Matthew N. Murray), Applied Economics, 23, no. 8 (August 1991): 1351-1360.

  65. "Competition for 800 Service: An Economic Evaluation" (with David L. Kaserman), Telecommunications Policy,(October 1991): 395-408.

  66. "Regulation, Advertising and Economic Welfare" (with David L. Kaserman), Journal of Business, 64, no. 2 (April 1991): 255-267. Reprinted in The Foundations of Regulatory Economics, edited by Robert E. Ekelund, Jr., Edward Elgar Publishing, Northampton, MA.

  67. "Cross-Subsidization in Telecommunications: Beyond the Universal Service Fairy Tale" (with David L. Kaserman and Joseph E. Flynn), Journal of Regulatory Economics, 2, no. 3 (September 1990): 231-250.

  68. "Barriers to Trade and the Import Vulnerability of U.S. Manufacturing Industries" (with Don P. Clark and David L. Kaserman), Journal of Industrial Economics, 38, no. 4 (June 1990): 433-448.

  69. "Firm Entry and Exit: Causality Tests and Economic Base Linkages" (with Joseph E. Flynn), Journal of Regional Science, 29, no. 4 (November 1989): 645-662.

  70. "Regulation, Market Structure and Hospital Costs" (with Deborah A. McFarland), Southern Economic Journal, 55, no. 3 (January 1989): 559-569.

  71. "Long Distance Telecommunications Policy: Rationality on Hold" (with David L. Kaserman), Public Utilities Fortnightly,122, no. 13 (December 22, 1988): 18-27.

  72. "The Effects of Regulation on R&D: Theory and Evidence" (with Joseph E. Flynn), Journal of Business, 61, no. 3 (July 1988): 321-336.

  73. "The Effectiveness of Mandatory Fuel Efficiency Standards in Reducing the Demand for Gasoline" (with John E. Mathis), Applied Economics, 20, no. 2 (February 1988): 211-220.

  74. "Market Based Regulation of a Quasi-Monopolist: A Policy Proposal for Telecommunications" (with David L. Kaserman), Policy Studies Journal, 15, no. 3 (March 1987): 395-414.

  75. "The Ghosts of Deregulated Telecommunications: An Essay by Exorcists" (with David L. Kaserman), Journal of Policy Analysis and Management, 6, no. 1 (Fall 1986): 84-92.

  76. "Economies of Scale and Scope in the Electric-Gas Utilities: Further Evidence and Reply" (John W. Mayo), Southern Economic Journal, 52, no. 4 (April 1986): 1175-1178.

  77. "Advertising and the Residential Demand for Electricity" (with David L. Kaserman), Journal of Business, 58, no. 4 (October 1985): 399-408.

  78. "Multiproduct Monopoly, Regulation and Firm Costs" (John W. Mayo), Southern Economic Journal, 51, no. 1 (July 1984): 208-218.

  79. "The Technological Determinants of the U.S. Energy Industry Structure" (John W. Mayo), Review of Economics and Statistics, 66 (February 1984): 51-58.

​

Articles/Chapters in Books â€‹

​​​​​​

  1. "Economic Foundations for 21st Century Freight Rail Rate Regulation" (with Robert D. Willig), in U.S. Freight Rail Economics and Policy: Are We on the Right Track? (edited with Jeffrey T. Macher), v. New York and London: Routledge, 2019.

  2. "The Law and Economics of Revenue Adequacy" (with Jeffrey T. Macher and Lee F. Pinkowitz), in U.S. Freight Rail Economics and Policy: Are We on the Right Track? (edited with Jeffrey T. Macher), New York and London: Routledge, 2019.

  3. "Conclusion" (John W. Mayo), in The Information Technology Revolution and the Transformation of the Small Business Economy: A Collection of Essays (edited by The American Consumer Institute), Washington, DC: The American Consumer Institute, 2012.

  4. "Universal Service: Can We Do More with Less?" (John W. Mayo), in New Directions in Communications Policy (edited by Randolph J. May), Durham, NC: Carolina Academic Press, 2009.

  5. "The Role of Antitrust in a Deregulating Telecommunication Industry: The Economic Fallacies of Trinko" (John W. Mayo), in The Future of Telecommunications Industries (edited by Arnold Picot), New York: Springer Verlag, 2006,129–146.

  6. "Competition in the Long Distance Market" (with David L. Kaserman), in Handbook of Telecommunications Economics (edited by Martin E. Cave, Sumit K. Majumdar, and Ingo Vogelsang), Amsterdam: North Holland Elsevier, 2002.

  7. "Shakeout or Shakedown? The Rise and Fall of the CLEC Industry" (with Mark Burton and David L. Kaserman), in Markets, Pricing, and Deregulation of Utilities (edited by Michael A. Crew), Boston: Kluwer Academic Publishers, 2002.

  8. "Resale and the Growth of Competition in Wireless Telephony" (with Mark L. Burton and David L. Kaserman), in Expanding Competition in Regulated Industries (edited by Michael A. Crew), Boston: Kluwer Academic Publishers, 2000.

  9. "Monopoly Leveraging, Path Dependency, and the Case for a Competition Threshold for RBOC Reentry into InterLATA Toll" (with T. R. Beard and David L. Kaserman), in Regulation Under Increasing Competition (edited by Michael A. Crew), Boston: Kluwer Academic Publishers, 1999.

  10. "The Quest for Universal Service: The Misfortunes of a Misshapen Policy" (with David L. Kaserman), in Telecommunications Policy: Have Regulators Dialed the Wrong Number? (edited by Donald L. Alexander), Westport, CT: Praeger Publishing Group, 1997, 131–144.

  11. "Long-Distance Telecommunications: Expectations and Realizations in the Post-Divestiture Period" (with David L. Kaserman), in Incentive Regulation for Public Utilities (edited by Michael A. Crew), Boston: Kluwer Academic Publications, 1994.

  12. Monopoly Leveraging Theory: Implications for Post-Divestiture Telecommunications Policy (with David L. Kaserman), Center for Business and Economic Research: University of Tennessee, April 1993.

  13. State-Level Telecommunications Policy in the Post-Divestiture Era: An Economic Perspective (with William F. Fox), Center for Business and Economic Research, University of Tennessee, March 1991.

  14. A Review of After Divestiture: The Political Economy of State Telecommunications Regulation, by Paul E. Teske.Publius, Winter 1991, pp. 164-166.

  15. "Deregulation and Market Power Criteria: An Evaluation of State Level Telecommunications Policy" (with David L. Kaserman), in Telecommunications Deregulation: Market Power and Cost Allocation Issues (edited by J. Allison and D. Thomas), Quorum Books, 1990.

  16. The Economics of Local Telephone Pricing Options (with J. E. Flynn), Center for Business and Economic Research, The University of Tennessee, October 1988.

  17. Firm Entry and Exit: Economic Linkages in Tennessee (with J. E. Flynn), Center for Business and Economic Research, The University of Tennessee, Knoxville, July 1988.

  18. "The Economics of Regulation: Theory and Policy in the Post-Divestiture Telecommunications Industry" (with David L. Kaserman), in Public Policy Toward Corporations (edited by Arnold Heggestad), University of Florida Presses, 1988.

  19. "Entries and Exits of Firms in the Tennessee Economy: Foundations for Research" Survey of Business, The University of Tennessee, Vol. 23, Summer 1987, pp. 21-23.

  20. "The Relationship of Manufacturing and Nonmanufacturing Firm Entry and Exit in Tennessee" (with Joseph E. Flynn), Survey of Business, The University of Tennessee, Vol. 23, no. 2 (Fall 1987): 11-16.

  21. A Review of Municipal Ownership in the Electric Utility Industry, by David Schap. Southern Economic Journal, Vol. 54 (July 1987).

  22. Entries and Exits of Firms in the Tennessee Economy (with W. F. Fox, et al.), Center for Business and Economic Research, University of Tennessee, Knoxville, May 1987.

  23. An Economic Report to the Governor of the State of Tennessee, Center for Business and Economic Research and the Tennessee State Planning Office, Annual Contributor, 1981-1994.

 

Op Eds â€‹â€‹â€‹

​

  1. “Five Myths: Antitrust Law,” (with Mark Whitener) Washington Post, March 22, 2020. B3.

  2. “Staying with Success? Not at the FCC,” Forbes, February 26, 2015.

  3. “Bringing Mobile Broadband to Rural Americans,” (with Anna-Maria Kovacs) Roll Call, May 9, 2014.

  4. “Modernized Telecom Policy Must Reflect That Change is the Only Constant,” Roll Call, February 7, 2014.

  5. “How to Regulate the Internet Tap,” (with Bruce Owen, Marius Schwartz, Robert Shapiro, Lawrence J. White and Glenn Woroch) New York Times, April 21, 2010, p. A25.

  6. "The Economic Facts and FAQs of National Video Franchising: Reflections on the House of Representatives Debate." Policy Matters 06-16. AEI-Brookings Joint Center, 2006.

  7. "We’re All for Competition, But…." Policy Matters 06-03. AEI-Brookings Joint Center, 2006.

​
Working Papers
​

  1. “The Role of Antitrust Policy on the Composition of Mergers: Further Reflections on ‘Stealth Consolidation’” (with Robert Press), revised April 2024.

  2. “Understanding Early-Stage Merger Investigations: What Drives the Antitrust Agencies? (with Robert Press and Mark Whitener), September 2023.​

  3. “Does the Internet Alter Consumer Healthcare Behaviors?” (with Jeffrey T. Macher and Olga Ukhaneva), January 2018.

©2035 by Jada Fox. Powered and secured by Wix

bottom of page