Freshly Printed - allow 8 days lead
Regulation and Entry into Telecommunications Markets
A unique comparative analysis of competition and regulation in the liberalized telecommunications markets.
Paul de Bijl (Author), Martin Peitz (Author)
9780521808378, Cambridge University Press
Hardback, published 9 January 2003
292 pages, 1 b/w illus. 48 tables
23.7 x 16 x 2.3 cm, 0.6 kg
Review of the hardback: 'In summary, this well-written and logically organized book provides many useful insights for policymakers, industry consultants, and academics alike. Although the formal analysis abstracts from many issues of substantial practical importance, the models analyzed in the book (and the additional simulations that readers can explore on their own) are unusually rich and capture many essential features of regulation and competition in network industries.' David Sappington, Journal of Economic Literature
This book analyses telecommunications markets from early to mature competition, filling the gap between the existing economic literature on competition and the real-life application of theory to policy. Paul De Bijl and Martin Peitz focus on both the transitory and the persistent asymmetries between telephone companies, investigating the extent to which access price and retail price regulation stimulate both short- and long-term competition. They explore and compare various settings, such as non-linear versus linear pricing, facilities-based versus unbundling-based or carrier-select-based competition, non-segmented versus segmented markets. On the basis of their analysis, De Bijl and Peitz then formulate guidelines for policy. This book is a valuable resource for academics, regulators and telecommunications professionals. It is accompanied by simulation programs devised by the authors both to establish and to illustrate their results.
1. Introduction
2. Telecommunications
3. The basic model
4. Facilities-based entry in a non-segmented market
5. Non-facilities-based entry in a non-segmented market
6. Entry in a non-segmented market: alternative pricing strategies
7. Non-targeted entry in a segmented market
8. Targeted entry
9. Concluding remarks.
Subject Areas: Business & management [KJ], Labour economics [KCF], Microeconomics [KCC]