Toward Competition in Local Telephony (Aei Studies in Telecommunications Deregulation)
Author | : | |
Rating | : | 4.15 (699 Votes) |
Asin | : | 0262023695 |
Format Type | : | paperback |
Number of Pages | : | 190 Pages |
Publish Date | : | 2015-11-07 |
Language | : | English |
DESCRIPTION:
Gregory Sidak is Resident Scholar at the American Enterprise Institute, Senior Lecturer at the Yale School of Management, and Counsel to the law firm of King & Spalding. J. Baumol is Director of the C. V. . About the Author William J. Starr Center for Applied Economics at New York University and Professor Emeritus at Princeton University
Telephone economics on which you can rely A Customer The telephone policy wars continue unabated, with conflicting experts (and "experts") seemingly available to testify on most topics. This book is notable as a collaboration between two prominent authors who fall on opposing sides -- Baumol (usually for the long distance competitors), and Sidak (usually for the local phone companies). Although nearly a decade old (and thus a bit long in the tooth regarding the rapid changes in the industry), its economics are still valid, and clearly explained. This volume belongs on the bookshelf of anyone with an
Local telephone companies have long been extensively regulated as natural monopolies. William Baumol and Gregory Sidak examine how telecommunications regulation can be designed to adapt automatically as the market becomes increasingly competitive and ask, if certain parts of local telephony remain naturally monopolistic, how can regulators protect consumers against cross-subsidy, predatory pricing, and price discrimination? How should a local exchange carrier that is a natural monopoly in some activities be permitted to price necessary inputs it sells to its competitors in the market for the final telecommunications products?
. Baumol is Director of the C. Starr Center for Applied Economics at New York University and Professor Emeritus at Princeton University. William J. J. V. Gregory Sidak is Resident Scholar at the American Enterprise Institute, Senior Lecturer at the Yale School of Management, and Counsel to the law firm of King & Spalding