arXiv:hep-th/9508009v1 3 Aug 1995 OU-HET 218 YITP/U-95-29 August, 1995 Macroscopic Three-Loop Amplitudes and the Fusion Rules from the Two-Matrix Model 1 M. Anazawa 2 , A. Ishikawa 2 and H. Itoyama Department of Physics, Faculty of Science, Osaka University, Toyonaka, Osaka, 560 Japan and Uji Research Center, Yukawa Institute for Theoretical Physics, Kyoto University, Uji, Kyoto, 611 Japan Abstract From the computation of three-point singlet correlators in the two-matrix model, we obtain an explicit expression for the macroscopic three-loop am- plitudes having boundary lengths i (i =1 3) in the case of the unitary series (p, q)=(m +1,m) coupled to two-dimensional gravity. The sum ap- pearing in this expression is found to conform to the structure of the CFT fusion rules while the summand factorizes through a product of three modified Bessel functions. We briefly discuss a possible generalization of these features to macroscopic n-loop amplitudes. 1 This work is supported in part by Grant-in-Aid for Scientific Research (07640403) and by the Grand-in-Aid for Scientific Research Fund (2690, 5108) from the Ministry of Education, Science and Culture, Japan. 2 JSPS fellow