
The Economics and Regulation of Network Industries
Telecommunications and Beyond
Ingo Vogelsang(Author)
Cambridge University Press
Published on 4. November 2021
Book
Paperback/Softback
94 pages
978-1-108-74532-1 (ISBN)
Description
Have you ever wondered how your telephone company or Internet service provider can give you access to almost all people in the world, or how electricity suppliers can compete with each other if there is only one electric supply line passing through your street? This Element deals with the economics and public regulation of such network industries. It puts particular emphasis on the specific economic concepts used for analyzing them and on the regulatory reform movement and the compatibility of regulation and competition. Worldwide most of these industries have changed dramatically in recent years, telecommunications in particular. Network industries mostly exhibit economies of scale in production and similar economies in consumption. Both of these properties cause market power problems that often require industry-specific regulation. However, due to technological and market changes network policies have moved on from end-user regulation to wholesale regulation and in some cases to deregulation.
More details
Series
Language
English
Place of publication
Cambridge
United Kingdom
Product notice
Paperback (trade)
Illustrations
Worked examples or Exercises
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 5 mm
Weight
150 gr
ISBN-13
978-1-108-74532-1 (9781108745321)
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E-Book
10/2021
Cambridge University Press
€15.49
Available for download
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Content
1. Introduction; 2. Economic concepts associated with network industries; 3. Regulatory approaches based on monopoly provision; 4. The emergence of competition and its effect on regulation; 5. From telecommunications to the provision of ICT services; 6. Deregulation and competition policy; 7. Conclusions.