Competition in Telecommunications by Jean-Jacques Laffont
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Competition in Telecommunications
By Jean-Jacques Laffont

Competition in Telecommunications

By (author) See other recent books by Jean-Jacques Laffont See other recent books by Jean Tirole
Format: Paperback

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Competition in Telecommunications by Jean-Jacques Laffont

Book Description

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

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Book Details

ISBN: 9780262621502
ISBN-10: 0262621509
Format: Paperback
(229mm x 152mm x 22mm)
Pages: 336
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 18-Apr-2001
Country of Publication: United States

Other Editions...


Books By Author Jean-Jacques Laffont

Regulation and Development by Jean-Jacques Laffont Regulation and Development, Hardback (March 2005)

Jean-Jacques Laffont provides the first theoretical analysis of the regulation of public services for developing countries.

Cost Proxy Models and Telecommunications Policy by Jean-Jacques Laffont Cost Proxy Models and Telecommunications Policy, Hardback (October 2002)

An empirical approach to understanding telecommunications regulation based on the use of a sophisticated engineering cost proxy model.

Theory of Incentives by Jean-Jacques Laffont Theory of Incentives, Paperback (December 2001)

Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: adverse selection, moral hazard, and non-verifiability.

Incentives and Political Economy by Jean-Jacques Laffont Incentives and Political Economy, Paperback (October 2001)

'Incentives and Political Economy' constructs a normative approach to constitutional design using developments in contract theory. It treats political economy as the study of the incentive problems created by the delegation of Politicians are treated successively as informed supervisors or residual decision-makers.

» View all books by Jean-Jacques Laffont

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Author Biography - Jean-Jacques Laffont

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.

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Recent books by Jean-Jacques Laffont close
Regulation and Development by Jean-Jacques Laffont
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Recent books by Jean Tirole close
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