Competition in Telecommunications / Edition 1

Competition in Telecommunications / Edition 1

by Jean-Jacques Laffont, Jean Tirole, Jean Tirole
     
 

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ISBN-10: 0262621509

ISBN-13: 9780262621502

Pub. Date: 03/01/2001

Publisher: MIT Press

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

Overview

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.

Product Details

ISBN-13:
9780262621502
Publisher:
MIT Press
Publication date:
03/01/2001
Series:
Munich Lectures in Economics
Edition description:
Reprint
Pages:
335
Product dimensions:
6.00(w) x 9.00(h) x 0.90(d)
Age Range:
18 Years

Table of Contents

Series Foreword
Laudation for Jean Tirole
Preface
Acknowledgments
1 Setting the Stage
1.1 Introduction
1.2 A Brief Guided Tour through the Telecommunications Industry
1.3 Regulatory Reforms
2 Incentive Regulation
2.1 Economic Principles: PerformanceBased Regulation
2.2 Economic Principles: Pricing Services to the Consumer
2.3 Practical Aspects
3 Essential Facility and OneWay Access:
Theory
3.1 Background
3.2 Economic Principles
3.3 Refining the Theory: Lack of Instruments and Multiple Goals
for Interconnection Charges
3.4 Two Specific Concerns and Some Common Misperceptions about
Ramsey Access Pricing
4 Essential Facilitiy and OneWay Access:
Policy
4.1 General Issues for the Design of Access Policies
4.2 BackwardLooking CostBased Pricing of Access
4.3 Regulated and Deregulated Segments: The Problem of
CrossSubsidies
4.4 ForwardLooking CostBased Pricing of Access
4.5 CostBased Access Pricing and Exclusion
4.6 ECPR and Its Applications
4.7 Global Price Cap
4.8 Global Price Cap and Incentives to Exclude
5 Multiple Bottlenecks and TwoWay
Access with Patrick Rey
5.1 Background
5.2 Ineffectiveness of Noncooperative Access Price Setting
5.3 Do Wholesale Agreements Promote Retail Collusion? The Patent
Pool Analogy
5.4 Application to TwoWay Access Pricing in Telecommunications
5.5 Four Reasons Why High Access Charges May Not Facilitate
Collusion
5.6 Unbundling and FacilitiesBased Entry
5.7 Alternative Policies
6 Universal Service
6.1 The Need for a New Paradigm
6.2 The Foundations of Universal Service
6.3 The U.S. Telecommunications Act of 1996and Universal Service
Obligations
6.4 Universal Service Auctions
7 Concluding Remarks
7.1 Internet and Intenet Telephony
7.2 Regulatory Institutions
Glossary
References
Index

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