Publications

Write me for broken links, not-yet-posted papers, etc. tbres “at” stanford.edu

“Review of: Ajay Agrawal, Joshua Gans, and Avi Goldfarb: Power and Prediction: The Disruptive Economics of Artificial Intelligence” Business Economics, Forthcoming

“Comments on Presidential Address: Demand-Side Constraints in Development: The Role of Market Size, Trade, and (In)equality,” by Goldberg and Reed, Econometrica, November 2023 Link.

“What innovation paths for AI to become a GPT?,” Journal of Economics & Management Strategy, 32, April 2023. Link

“Artificial Intelligence Technologies and Aggregate Growth Prospects,” (2018) forthcoming in Prospects for Economic Growth in the United States, John W. Diamond and George Zodrow, eds., Cambridge University Press. Link

“Innovations in Information and Communications Technology in Light of Ideas first Learned from the Machine Tool Industry” in Industrial and Corporate Change Special Issue in Honor of Nathan Rosenberg, April 2019. Link

(with Pai-Ling Yin) “Adoption of New Information and Communications Technologies in the Workplace Today” in Innovation Policy and the Economy, volume 17, 2017, edited by Shane Greenstein, Josh Lerner, and Scott Stern, NBER Link

“Economic Testimony in Mergers,” Antitrust Fall 2016 Volume 31 Number 1. Link

(with Jason P. Davis & Pai-Ling Yin ) “Economic Value Creation in Mobile Applications” in  The Changing Frontier: Rethinking Science and Innovation Policy, Adam Jaffe and Benjamin Jones, editors, NBER 2015.   Link

Timothy Bresnahan “Modularity and the Evolution of the Internet” in The Economics of Digitization: An Agenda, edited by Shane Greenstein, Avi Goldfarb, and Catherine Tucker, NBER 2015 Link

“Mobile Innovation Platforms: The Next Platform Rivalry” (with Shane Greenstein) AER Papers and Proceedings 104(5): 475-480, May 2014.  Link

Comment on ‘Concentration in Internet Access and Entrepreneurial Truncation of Innovation’ (by Shane Greenstein) in Capitalism and Society 2013 Link

“Entrepreneurial Creativity” in Exceptional Creativity, A. Robinson, ed, 2013, Templeton Press. Link

(with Jonathan Levin) “Vertical Integration and Market Structure” in the Handbook of Organizational Economics (J. Roberts and R. Gibbons, eds.) 2012, Princeton University Press. Link

“Generality, Recombination, and Re-Use” in The Rate and Direction of Inventive Activity Revisited, Josh Lerner and Scott Stern, eds., University of Chicago Press for the NBER, 2012 Link

(with Pai-Ling Yin) “Reallocating Innovative Resources Around Growth Bottlenecks” Industrial and Corporate Change 2010; Volume19, Issue5, pp. 1589-1627. Link

(with Shane Greenstein and Rebecca Henderson) “Schumpeterian competition and diseconomies of scope; illustrations from leading historical firms in computing,”  in the NBER 50th Anniversary Volume of the Rate and Direction of Technical Change, Josh Lerner and Scott Stern, eds., 2012, University of Chicago Press Link

“General Purpose Technologies” in Handbook of the Economics of Innovation, North Holland Elsevier, Bronwyn Hall and Nathan Rosenberg, editors., 2011. Link

(with Jonathan Baker) “Economic Evidence in Antitrust: Defining Markets and Measuring Market Power,” in The Economics of Antitrust Law, MIT Press 2008, Paolo Buccirossi, editor. Link

“Monopolization and the Fading Dominant Firm,” in Competition Law and Economics:  Advances in Competition Policy in US and Europe, Abel Mateus and Teresa Moreira, editors, Edward Elgar, 2008. Link

(with Pai-Ling Yin) “Standard Setting in Markets: The Browser War,” in Standards and Public Policy, Cambridge University Press 2007, Shane Greenstein and Victor Stango, editors. Link

“Creative Destruction in the PC Industry,” Chapter 4 (pp. 105-140) in Perspectives on Innovation, Cambridge University Press 2007, Stefano Brusoni and Franco Malerba, editors. Link

(with Pai-Ling Yin) “Economic and Technical Drivers of Technology Choice: Browsers” Annales d’Economie et de Statistique, November, 2006, Special Issue from the Zvi Griliches Memorial Conference, Jacques Mairesse and Manuel Trajtenberg, editors. Link

“The Valuation of Organizational Capital, Comment” in Measuring Capital in the New Economy 2005, Carol Corrado, John Haltiwanger, and Daniel Sichel, editors. Link

“The Contribution of Information Technology to Economic Growth” in Institutions, Innovation and Growth: Selected Economic Papers, Jean-Philippe Touffut, editor, Edward Elgar 2003. Link

“Pro-Innovation Competition Policy: Microsoft and Beyond” in the Proceedings of the Competition Policy Research Center, Fair Trade Commission of Japan Inaugural Symposium, 2003. Link

“La contribution des technologies de l’information à la croissance èconomique,” in Institutions et Innovation, Jean-Philippe Touffut, editor, Albin Michel Press, Paris. 2002.

“Why the Microsoft Settlement Won’t Work,” IEEE Spectrum, September 2002. Link

(with Franco Malerba) “The value of competitive innovation and U.S. Policy toward the Computer Industry” in Technology and the New Economy edited by Chong‑En Bai and Chi-Wa Yuen MIT Press, 2002. Link

Comments on “Reforming European Merger Review: Targeting Problem Areas in Policy Outcomes” in the Journal of Industry, Competition and Trade, 2002. Link

(with Alfonso Gambardella,) Building High Tech Clusters: Silicon Valley and Beyond (with contributions by Ralph Landau, Kevin Davis, Catherine de Fontenay, Erran Carmel, Ashish Arora, Salvatore Torrisi, Suma Athreye, John Richards, AnnaLee Saxenian, Scott Wallsten, Michael Horvath, and Gordon Moore ) Cambridge University Press, 2005. Link

(with Eric Brynjolfsson and Lorin Hitt) “Information Technology, Workplace Organization, and the Demand for Skilled Labor: Firm-level Evidence” Quarterly Journal of Economics, 2002. Link

“Prospects for an Information Technology‑Led Productivity Surge,” in Innovation Policy and the Economy, Edited by Adam Jaffe, Scott Stern, and Joshua Lerner.  The MIT Press, 2002 (Volume 2). Link

“Innovation will lift economy – be patient: New Economy Myths Aside, Tech Industry Hasn’t Lost Its Vital Role” in San Jose Mercury News, Perspective. Link

“A Remedy that Falls Short of Restoring Competition” Antitrust, v 6. n.1, December 2001. Link

(with Alfonso Gambardella and AnnaLee Saxenian, “Old Economy Inputs for “New Economy Outputs: Cluster Formation in the New Silicon Valleys,” Industrial and Corporate Change, Vol.10 (4), pp.835‑860 (2001). Link

“Competition Cooperation, and Predation in Innovative Industries” in Fighting Cartel Why and How? The 3RD Nordic Competition Policy Conference in Stockholm. Konkurrensverket, Swedish Competition Authority, September 2000. Link

(with Shane Greenstein) “The Economic Contribution of Information Technology: Towards Comparative and User Studies” Journal of Evolutionary Economics, 2001  Link

(with S. Greenstein) “Technological Competition and the Structure of the Computer Industry” in Journal of Industrial Economics, March 1999, v. 47n. 1 Published Version Link Longer Version with more historical detail Link.

“Conclusion: Computers, Productivity, and Wages; Reflections on the Economics of the Information Age” in Productivity, Inequality, and the Digital Economy: A Transatlantic Perspective, Greenan, L’Horthy, and Mairesse, eds., MIT Press.  Link

(with J. Richards) “Local and Global Competition in Information Technology” in Journal of the Japanese and International Economies, December 1999, v. 13 n. 4, pp. 336-71. Link

(with E. Brynjolfsson and L. M. Hitt) “Technology, Organization, and the Demand for Skilled Labor”, The New Relationship: Human Capital in the American Corporation, M.M. Blair and T.A. Kochan, eds. Brookings Institution Press, 2000. Link

“Computing” in U.S. Industry in 2000: Studies in Competitive Performance, David C. Mowery, ed. National Academy Press, 1999. Link

(with F. Malerba) “Industrial Dynamics and the Evolution of Firms’ and Nations’ Competitive Capabilities in the World Computer Industry”, Chapter 3 (pp. 79-132) in Sources of Industrial Leadership, D. Mowery and R. Nelson, eds. Cambridge University Press, 1999. Link

“The Changing Structure of Innovation in the Computer Industry”, in D. Mowery et al., (eds.) America’s Industrial Resurgence. Link

“New Modes of Competition and the Future Structure of the Computer Industry”, in Competition, Innovation, and the Microsoft Monopoly: Antitrust in the Digital Marketplace, The Progress and Freedom Foundation, Kluwer Press, 1999. Link

“Computerisation and Wage Dispersion: An Analytical Reinterpretation”  The Economic Journal Volume109, Issue 456, June 1999, Pages 390-415. Link

(with Alfonso Gambardella) “The Division of Inventive Labor and the Extent of the Market” in General Purpose Technologies and Economic Growth, Elhanan Helpman, ed. 1998. Link

(with Scott Stern and Manuel Trajtenberg) “Market Segmentation, Transitory Market Power, and Rents from Innovation: Personal Computers in the late 1980’s”, RAND Journal of Economics, 1997. Link

(with Shane Greenstein) “Technical Progress in Computing and in the Uses of Computers” Brookings Papers on Economic Activity, Micro, 1997. Link

“Testing and Measurement in Competition Models” in Advances in Economics and Econometrics, Econometric Society Seventh World Congress, David Kreps and Ken Wallis, editors. Link

(with Robert E. Porter) “Papers in honor of Richard E. Quandt; An Introduction”, RAND Journal of Economics, 1997. Link

 (with Robert J. Gordon) “The Economics of New Goods: An Introduction” Bresnahan and Gordon, eds., The Economics of New Goods, 1997. Link

(edited with Robert J. Gordon) The Economics of New Goods, proceedings of a meeting of the Conference on Research in Income and Wealth, University of Chicago Press, 1997.

(with Amy Bertin and Daniel Raff) “Aggregation, Localized Competition, and Plant Level Increasing Returns:  Blast Furnace Operations 1929-1935,” Journal of Political Economy, April 1996, v. 104 n. z, pp. 241-66 Link

“Testing and Measurement in Competition Models”, La Lettre de l’AFSE, Conférence aux Journées AFSE, Juillet 1996, n 31.

(with Garth Saloner) “Large Firms’ Demand for Computer Products and Services: Competing Market Models, Inertia, and Enabling Strategic Change,” in Colliding Worlds:  The Merging of Computers, Telecommunications, and Consumer Electronics, David B. Yoffie (ed.), Harvard University Press, 1996. Link

(with Shane Greenstein) “The Competitive Crash in Large-Scale Commercial Computing,” in Growth & Development; the Economics of the 21st Century, edited by Ralph Landau, Nathan Rosenberg, and Timothy Taylor, Stanford University Press, 1995. Link

Comments on “The Information-Integrated Channel: A Study of the U.S. Apparel Industry in Transition” by Abernathy, Dunlop, Hammond & Weil, Brookings Papers on Economic Activity, v 0, n 0, 0007-2303, pp. 232-36, 1995. Link (includes paper discussed)

(with Manuel Trajtenberg) “General Purpose Technologies: ‘Engines of Growth’?” Journal of Econometrics, Special Issue, January 1995, v 65, n 1, pp. 83-108. Link

(with Peter C. Reiss) “Measuring the Importance of Sunk Costs,” Annales D’Économie et de Statistique, No. 31, pp. 183-217, 1994. Link

(with Valerie Ramey) “Output Fluctuations at the Plant Level,” Quarterly Journal of Economics, August 1994, v 109, n 3 ,pp. 593-624. Link

(with Valerie Ramey) “Segment Shifts and Capacity Utilization in the U.S. Automobile Industry,” AER Papers & Proceedings, vol. 83(2), May 1993. Link

Comments on “Competition, Regulation, and Efficiency in Service Industries” by Martin N. Baily, in Brookings Papers on Economic Activity, no. 2, pp. 71-159, 1993. Link (includes paper discussed)

(with Jonathan Baker) “Empirical Methods of Identifying and Measuring Market Power,” Antitrust Law Journal, Summer 1992. Link

Output Measurement in the Service Sectors edited with Zvi Griliches, Ernst Berndt and Marilyn Manser, (Chicago:  University of Chicago Press), 1992.

(with Paul Milgrom and Jonathan Paul) “The Real Output of the Stock Exchange,” in Output Measurement in the Service Sectors edited with Zvi Griliches, Ernst Berndt and Marilyn Manser, (Chicago:  University of Chicago Press), 1992. Link

Comments on “Productivity Dynamics in Manufacturing Plants,” by Martin N. Baily et al., in Brookings Papers on Economic Activity, pp. 187-267, 1992 Link with paper discussed

Review Essay on Sunk Costs and Market Structure, by John Sutton, Summer 1992, RAND Journal of Economics. Link

(with Peter Reiss) “Empirical Models of Discrete Games,” Journal of Econometrics, 48 (1991) 57-81. Link

(with Daniel Raff) “Intra-Industry Heterogeneity and the Great Depression: The American Motor Vehicle Industry, 1929-1935,” Journal of Economic History, June, 1991. Link

Review of “The Measurement of Durable Goods Prices,” by Robert J. Gordon, in Business History Review, (3) pp.355-357, 1991. Link

Discussion of “Organizing Industrial Organization:  Reflections on the Handbook of Industrial Organization,” by Franklin M. Fisher, Brookings Papers on Economic Activity, pp. 201-225, 1991. My weirdest ever writing assignment: discuss a review essay reviewing a book in which I wrote a chapter. Link Includes Paper Discussed.

(with Peter Reiss) “Entry in Monopoly Markets,” Review of Economic Studies, vol. 57 (no. 4, October), pp. 531-553, 1990. Link

(with Amit Chopra) “The Development of the Local Area Network Market as Determined by User Needs,” Economics of Innovation and New Technology, vol. 1 (nos. 1-2), pp. 97-110, 1990. Link

(with W. Bruce Chew, Kim B. Clark) “Measurement, Coordination, and Learning in a Multiplant Network,” in Measures for Manufacturing Excellence, Robert Kaplan, ed., (Boston:  Harvard Business School Press), 1990.

(with Valerie Suslow) “Short-Run Supply with Capacity Constraints,” Journal of Law and Economics, University of Chicago, vol. XXXII (October), pp. S11-S42, 1989. Link

(with Valerie Suslow) “Oligopoly Pricing with Capacity Constraints,” Annales d’Economie et de Statistique, vol. 15/16 (Juillet-Décembre), pp. 267-290, 1989. Link

“Empirical Methods for Industries with Market Power,” chapter 17 in Handbook of Industrial Organization, Volume II, Richard Schmalensee and Robert Willig, eds., (Amsterdam: Elsevier Science Publishers B.V.), 1989. Link

(with Jonathan Baker 1988) “Estimating the Residual Demand Curve Facing a Single Firm,” International Journal of Industrial Organization, vol. 6, pp. 283-300, 1988. Link

(with Peter Reiss) “Do Entry Conditions Vary across Markets? Brookings Papers on Economic Activity:  Special Issue on Microeconomics, no. 3, Martin Baily and Clifford Winston, eds., pp. 833-871, 1987. Link

The Empirical Renaissance in Industrial Economics, Edited with Richard Schmalensee, New York:  Basil Blackwell, 1987.

(with Richard Schmalensee) “The Empirical Renaissance in Industrial Economics: An Overview,” Journal of Industrial Economics, vol. XXXV (no. 4, June–special issue), pp. 371B378, 1987. Reprinted in The Empirical Renaissance in Industrial Economics, 1987. Link

“Competition and Collusion in the American Automobile Market:  The 1955 Price War,” Journal of Industrial Economics, vol. XXXV (no. 4, June–special issue) pp. 457-482, 1987. link

“Measuring the Spillovers from Technical Advance:  Mainframe Computers in Financial Services,” American Economic Review, vol. 76 (no. 4, September), pp. 742-755, 1986, Link

(with Pablo Spiller) “Futures Market Backwardation under Risk Neutrality,” Economic Inquiry, vol. XXIV (July), pp. 429-441, 1986. Link

Review of Regulating the Automobile, Robert Crandall et al., in Rand Journal of Economics, vol. 17 (no. 4, Winter), 1986. Link

(with Steven Salop) “Quantifying the Competitive Effects of Production Joint Ventures,” International Journal of Industrial Organization, vol. 4, pp. 155-175, 1986. Link

“The Demand for Advertising by Medium:  Implications for Economies of Scale in Advertising,” in Paula Ippolito, ed., Empirical Approaches to Consumer Protection Issues, (Washington, DC:  Federal Trade Commission), 1986. Link

The Transition to Competition in the Plain Paper Copier Industry, (Washington, DC: Federal Trade Commission), 1986.

(with Dennis Yao) “The Nonpecuniary Costs of Automobile Emissions Controls,” Rand Journal of Economics vol. 16 (no. 4, Winter), pp. 437-455, 1985. Link

(with Peter Reiss) “Dealer and Manufacturer Margins,” Rand Journal of Economics, vol. 16 (no. 2, Summer), 253-268, 1985. Link

(with Jonathan Baker) “The Gains from Merger or Collusion in Product Differentiated Industries,” Journal of Industrial Economics, vol. XXXIII (no. 4, June), pp. 427-444, 1985. Link

(with Valerie Suslow) “Inventories as an Asset:  The Volatility of Copper Prices,” International Economic Review, vol. 26 (no. 2, June), pp. 409-424, 1985. Link

“Post-Entry Competition in the Plain Paper Copier Market,” American Economic Review, vol. 75 (no. 2, May), pp. 15-19, 1985. Link

“Existence of Consistent Conjectures: Reply,” American Economic Review, vol. 73 (no.3, June), pp. 457-458, 1983.

“Duopoly Models with Consistent Conjectures: Reply,” American Economic Review, vol. 73 (no. 1, March), pp. 240-241, 19831.3.

“The Oligopoly Solution Concept is Identified,” Economics Letters, vol. 10, pp. 87-92, 1982. Link

“Duopoly Models with Consistent Conjectures,” American Economic Review, vol. 71 (no. 5, December), pp. 934-945, 1981. Link

(with Holland Hunter and Everett J. Rutan, III) “Modeling Structural Change Using Early Soviet Data,” Journal of Development Economics, vol. 9, pp. 65-87, 1981. Link

“Prices, Quantities and Qualities in the American Auto Market,” Proceedings of the American Statistical Association, Section on Statistical Education, pp. 18-23, 1981.

“Departures from Marginal-Cost Pricing in the American Automobile Industry: Estimates for 1977-1978,” Journal of Econometrics vol. 17, pp. 201-227, 1981. Link

Three Essays on the American Automobile Oligopoly, Ph.D. Dissertation, Princeton University, 1980.