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Competition in Telecommunications (Munich Lectures in Economics)

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Synopses & Reviews

Publisher Comments:

andlt;Pandgt;Theoretical models based on the assumption that telecommunications is a natural monopoly no longer reflect reality. As a result, policymakers often lack the guidance of economic theorists. Competition in Telecommunications is written in a style accessible to managers, consultants, government officials, and others. Jean-Jacques Laffont and Jean Tirole analyze regulatory reform and the emergence of competition in network industries using the state-of-the-art theoretical tools of industrial organization, political economy, and the economics of incentives.The book opens with background information for the reader who is unfamiliar with current issues in the telecommunications industry. The following sections focus on four central aspects of the recent deregulatory movement: the introduction of incentive regulation; one-way access (access given by a local network to the providers of complementary segments, such as long-distance or information services); the special nature of competition in an industry requiring two-way access (whereby competing networks depend on the mutual termination of calls); and universal service, in particular the two leading contenders for the competitively neutral provision of universal service: the use of engineering models to compute subsidies and the design of universal service auctions. The book concludes with a discussion of the Internet and regulatory institutions.Copublished with the Center for Economic Studies and the Ifo Institute andlt;/Pandgt;

Synopsis:

The authors analyze regulatory reform and the emergence of competition in network industries using the state-of-the-art theoretical tools of industrial organization, political economy, and the economics of incentives.

Synopsis:

The book opens with background information for the reader who is unfamiliar with current issues in the telecommunications industry. The following sections focus on four central aspects of the recent deregulatory movement: the introduction of incentive regulation; one-way access; the special nature of competition in an industry requiring two-way access; and universal service, in particular, the use of engineering models to compute subsidies and the design of universal service auctions.

Synopsis:

The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.

Synopsis:

andlt;Pandgt;In Competition in Telecommunications, Jean-Jacques Laffont and Jean Tirole analyze regulatory reform and the emergence of competition in network industries using the state-of-the-art theoretical tools of industrial organization, political economy, and the economics of incentives.The book opens with background information for the reader who is unfamiliar with current issues in the telecommunications industry. The following sections focus on four central aspects of the recent deregulatory movement: the introduction of incentive regulation; one-way access; the special nature of competition in an industry requiring two-way access; and universal service, in particular, the use of engineering models to compute subsidies and the design of universal service auctions.andlt;/Pandgt;

Synopsis:

Theoretical models based on the assumption that telecommunications is anatural monopoly no longer reflect reality. As a result, policymakers often lack theguidance of economic theorists. Competition in Telecommunications is written in astyle accessible to managers, consultants, government officials, and others.Jean-Jacques Laffont and Jean Tirole analyze regulatory reform and the emergence ofcompetition in network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics of incentives.The bookopens with background information for the reader who is unfamiliar with currentissues in the telecommunications industry. The following sections focus on fourcentral aspects of the recent deregulatory movement: the introduction of incentiveregulation; one-way access (access given by a local network to the providers ofcomplementary segments, such as long-distance or information services); the specialnature of competition in an industry requiring two-way access (whereby competingnetworks depend on the mutual termination of calls); and universal service, inparticular the two leading contenders for the competitively neutral provision ofuniversal service: the use of engineering models to compute subsidies and the designof universal service auctions. The book concludes with a discussion of the Internetand regulatory institutions.Copublished with the Center for Economic Studies and theIfo Institute

About the Author

Jean-Jacques Laffont was Professor of Economics at theUniversité des Sciences Sociales de Toulouse and the InstitutUniversitaire de France and Director of the Institut d'EconomieIndustrielle.Jean Tirole is Scientific Director of IDEI (Institut d'Economie Industrielle), Chairman of the Board of TSE (Toulouse School of Economics), and Annual Visiting Professor of Economics at MIT.

Product Details

ISBN:
9780262621502
Author:
Laffont, Jean-Jacques
Author:
Tirole, Jean
Author:
Laffont, Jean-Jacques
Author:
an E.
Author:
Laffont, Colette
Author:
Tirole, J
Publisher:
The MIT Press
Location:
Cambridge
Subject:
General
Subject:
Economics
Subject:
Telecommunications
Subject:
Economics - General
Edition Description:
Trade paper
Series:
Munich Lectures in Economics Competition in Telecommunications
Publication Date:
20010126
Binding:
Paperback
Grade Level:
from 17
Language:
English
Illustrations:
20 illus.
Pages:
335
Dimensions:
9 x 6 in

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Related Subjects

Business » Communication
Business » General
Computers and Internet » Artificial Intelligence » General
Computers and Internet » Computers Reference » General
Engineering » Communications » Telephony
History and Social Science » Economics » General
Science and Mathematics » Electricity » General Electronics

Competition in Telecommunications (Munich Lectures in Economics) New Trade Paper
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$33.75 In Stock
Product details 335 pages MIT Press - English 9780262621502 Reviews:
"Synopsis" by , The authors analyze regulatory reform and the emergence of competition in network industries using the state-of-the-art theoretical tools of industrial organization, political economy, and the economics of incentives.
"Synopsis" by , The book opens with background information for the reader who is unfamiliar with current issues in the telecommunications industry. The following sections focus on four central aspects of the recent deregulatory movement: the introduction of incentive regulation; one-way access; the special nature of competition in an industry requiring two-way access; and universal service, in particular, the use of engineering models to compute subsidies and the design of universal service auctions.
"Synopsis" by , The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.
"Synopsis" by , andlt;Pandgt;In Competition in Telecommunications, Jean-Jacques Laffont and Jean Tirole analyze regulatory reform and the emergence of competition in network industries using the state-of-the-art theoretical tools of industrial organization, political economy, and the economics of incentives.The book opens with background information for the reader who is unfamiliar with current issues in the telecommunications industry. The following sections focus on four central aspects of the recent deregulatory movement: the introduction of incentive regulation; one-way access; the special nature of competition in an industry requiring two-way access; and universal service, in particular, the use of engineering models to compute subsidies and the design of universal service auctions.andlt;/Pandgt;
"Synopsis" by , Theoretical models based on the assumption that telecommunications is anatural monopoly no longer reflect reality. As a result, policymakers often lack theguidance of economic theorists. Competition in Telecommunications is written in astyle accessible to managers, consultants, government officials, and others.Jean-Jacques Laffont and Jean Tirole analyze regulatory reform and the emergence ofcompetition in network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics of incentives.The bookopens with background information for the reader who is unfamiliar with currentissues in the telecommunications industry. The following sections focus on fourcentral aspects of the recent deregulatory movement: the introduction of incentiveregulation; one-way access (access given by a local network to the providers ofcomplementary segments, such as long-distance or information services); the specialnature of competition in an industry requiring two-way access (whereby competingnetworks depend on the mutual termination of calls); and universal service, inparticular the two leading contenders for the competitively neutral provision ofuniversal service: the use of engineering models to compute subsidies and the designof universal service auctions. The book concludes with a discussion of the Internetand regulatory institutions.Copublished with the Center for Economic Studies and theIfo Institute
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