Emerging telecommunications networks:
Gespeichert in:
Weitere beteiligte Personen: | |
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Format: | Buch |
Sprache: | Englisch |
Veröffentlicht: |
Cheltenham, UK [u.a.]
Elgar
2003
|
Schriftenreihe: | The international handbook of telecommunications economics
2 |
Schlagwörter: | |
Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014695786&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
Umfang: | XXXIV, 257 S. . graph. Darst. |
ISBN: | 1840642963 |
Internformat
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Datensatz im Suchindex
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adam_text | Titel: Emerging telecommunications networks
Autor: Madden, Gary
Jahr: 2003
Contents
Contents of the Handbook xi
List of figures xv
List of tables xvi
List of contributors xvii
Preface xxiii
Acknowledgements xxxiv
1. Innovation in advanced telecommunications networks 1
Cristiano Antonelli
Introduction 1
Market construction of new technology 2
Dynamics of technological change in telecommunications 6
Conclusions 12
Appendix A: formal analysis 14
Appendix B: mapping the direction of technological change 20
2. Economics of the Internet 27
Michael D. Pelcovits and Vinton G. Cerf
Introduction 27
What is the Internet? 27
History of the Internet 29
The history of the World Wide Web 32
The Internet at 2000 33
Usage of the Internet and the WWW 35
Size of the WWW 37
Who is online 37
Online commerce 38
Economics of the Internet 39
Regulation and antitrust intervention in the telephone industry 39
Analysis of competition in the Internet backbone market 41
Barriers to entry or expansion in the Internet transport
market 41
Ability and willingness of transport customers to switch to
different suppliers 42
Test of market power 43
v
vi Contents
Interconnection policies and network effects on the Internet
backbone market 43
Interconnection of the Internet backbone: peering versus transit 44
Network externalities 45
Market power in industries exhibiting network externalities 46
Government intervention and concentration in the Internet
backbone market 47
Pro-competitive effects of network externalities on the Internet
backbone market 48
Future of the Internet 51
3. Residential demand for access to the Internet 55
Paul N. Rappoport, Donald I Kridel, Lester D- Taylor,
James H. Alleman and Kevin T. Duffy-Deno
Introduction 55
Demographic profiles of access to the Internet 56
Internet access models 60
Data 63
Variables and delimiters 64
Empirical results 64
Area 1 64
Area 2 66
Area 3 67
Conclusions 70
4. Electronic commerce and industrial organization 73
Steven Globerman
Introduction 73
Description of e-commerce 73
Definition of e-commerce 73
The magnitude and nature of e-commerce 74
Hypothesized impacts 76
Search costs 76
Other transaction costs 78
Competition and contestability 80
E-commerce and disintermediation 82
Evaluating the early experience 83
Expansion of geographic markets 83
Competition and contestability 86
Intermediaries 87
Conclusions 88
Contents vii
5. The economics of online retail markets 92
Michael R. Ward
Introduction 92
Modeling market efficiency 93
The Internet and the efficiency of retail markets 95
Retailing costs 95
Transactions costs 96
Product information 97
Quality assurance 99
Price search effects 100
Effects on other channels 102
Conclusion 102
6. Regulation for Internet-mediated communication and
commerce 107
Robert M. Frieden
Introduction 107
A multi-faceted Internet 107
Alternative regulatory models 108
Possible market failure in cyberspace 110
Traditional regulatory constructs 111
The Clinton administration model 113
Problems of regulatory asymmetry 114
Regulatory opportunism 116
United States attempts to promote competition and convergence 116
Case studies in regulatory asymmetry 117
Internet telephony 117
Devising new legal and regulatory safeguards 119
The fallacy of an unregulated Internet 121
Jurisdictional issues 121
Conclusion 124
7. Product bundling and wholesale pricing 129
Timothy J. Tardiff
Introduction 129
Cost structures and their implications for pricing 130
Cost structures 130
Pricing implications 131
Trends in telecommunications pricing 132
Requirements for profitable pricing 132
(i) Price structure matters 133
(ii) Brand identity 133
viii Contents
(iii) Quality attributes 134
(iv) One-stop shopping 134
(v) Retail or wholesale 135
Rationale for one-stop shopping 136
Recent examples of vertical integration and one-stop shopping 137
Pricing wholesale services 140
Properties of efficient wholesale prices 140
Establishing efficient wholesale prices 141
(i) Mandatory versus voluntary offerings 141
(ii) Pricing considerations 142
Implications for the pricing of ILEC retail services 143
8. Mobile telecommunications and regulatory frameworks 151
Harald Gruber and Tommaso M. Valletti
Introduction 151
Technology 152
Analogue systems (first generation mobile) 153
Digital systems (second generation mobile) 155
Digital systems (third generation mobile) 155
Demand side 157
Supply side 159
Pricing 159
Coverage 161
Convergence and bundling 161
Regulation 164
Regulatory bodies 164
Standard setting 165
Licensing 166
Interconnection 167
Cost of regulation 170
Conclusion 171
9. Satellite communications services 180
Joseph N. Pelton
Introduction 180
Changing market structures 183
Communications satellite technology 186
Satellite services in transition 188
Global shifts in the regulatory and institutional environment 190
Economic issues 191
Conclusions 197
Contents ix
10. Regulated costs and prices in telecommunications 199
Jerry A. Hausman
Introduction 199
A simple model of cost-based regulation 203
Conditions for prices independent of demand 203
The role of fixed costs and economies of scale 204
The role of common costs and economies of scope 204
The role of sunk costs 205
Cost-based regulation: economic analysis with cost but not demand 206
Enter the Marxian theory of value 207
Necessary assumptions and economic reality: the regulatory
fallacy 208
Fixed and sunk costs in cost-based regulation 210
Current FCC approach to regulation of unbundled elements 210
Regulation set prices for unbundled elements 212
The TSLRIC standard and harm to innovation 213
The effect of sunk and irreversible investments 215
What elements should be unbundled? 220
Consumer welfare: competition rather than competitor
protection 221
The FCC s failure to advance consumer welfare 222
A consumer welfare implementation of the necessary and impair
standard 222
(i) The essential facilities doctrine of antitrust law 222
(ii) Deriving the necessary and impair standards from the
essential facilities doctrine 224
(iii) The relevant product market and critical share 225
(iv) The Hausman-Sidak test for the impairment standard 226
11. Universal service in the information age 234
Jorge Reina Schement and Scott C. Forbes
Introduction 234
Defining and measuring universal service 235
The measurement of universal service 236
Regional comparisons and case studies 238
The case of the US 239
The case of the Pacific Region 240
Theories and findings 241
Open competition and choice 241
Bundled services 243
Setting the price of bundles 244
Protection of existing universal service guarantees 244
x Contents
The importance of local considerations 244
The informed choice model of universal service 246
Conclusion 247
Index 251
|
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discipline | Wirtschaftswissenschaften |
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illustrated | Not Illustrated |
indexdate | 2024-12-20T12:34:30Z |
institution | BVB |
isbn | 1840642963 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-014695786 |
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physical | XXXIV, 257 S. . graph. Darst. |
publishDate | 2003 |
publishDateSearch | 2003 |
publishDateSort | 2003 |
publisher | Elgar |
record_format | marc |
series | The international handbook of telecommunications economics |
series2 | The international handbook of telecommunications economics |
spellingShingle | Emerging telecommunications networks The international handbook of telecommunications economics Telecommunication Telecommunication systems |
title | Emerging telecommunications networks |
title_auth | Emerging telecommunications networks |
title_exact_search | Emerging telecommunications networks |
title_full | Emerging telecommunications networks ed. by Gary Madden |
title_fullStr | Emerging telecommunications networks ed. by Gary Madden |
title_full_unstemmed | Emerging telecommunications networks ed. by Gary Madden |
title_short | Emerging telecommunications networks |
title_sort | emerging telecommunications networks |
topic | Telecommunication Telecommunication systems |
topic_facet | Telecommunication Telecommunication systems |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014695786&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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