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- DescriptionTheoretical models based on the assumption that telecommunications is a natural mopoly longer reflect reality. As a result, policymakers often lack the guidance of ecomic 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 ecomy, and the ecomics 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 Ecomic Studies and the Ifo Institute
- Author BiographyJean 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.
- Author(s)Jean Tirole,Jean-Jacques Laffont
- PublisherMIT Press Ltd
- Date of Publication18/04/2001
- SubjectEconomics: Professional & General
- Series TitleMunich Lectures in Economics
- Place of PublicationCambridge, Mass.
- Country of PublicationUnited States
- ImprintMIT Press
- Content Note20 illus.
- Weight531 g
- Width152 mm
- Height229 mm
- Spine22 mm
- Format DetailsTrade paperback (US)
- Interest AgeFrom 18
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