The Economics of competition in the telecommunicationsindustry

Cover of: The Economics of competition in the telecommunicationsindustry |

Published by Oelgeschlager, Gunn & Hain, Inc in Cambridge, Mass .

Written in English

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  • Telecommunications -- United States.,
  • Telephone -- United States.

Edition Notes

Bibliography, p.

Book details

Statementby John R. Meyer ... (et al.).
ContributionsMeyer, John R. 1927-
LC ClassificationsHE7775
ID Numbers
Open LibraryOL22336876M
ISBN 100899460569

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Comment: A copy that has been read, but remains in clean condition. All pages are intact, and the cover is intact. The spine may show signs of wear. Pages can include limited notes and highlighting, and the copy can include previous owner : C River.

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.

Additional Physical Format: Online version: Economics of competition in the telecommunications industry.

Cambridge, Mass.: Oelgeschlager, Gunn & Hain, Inc., ©   Competition in Telecommunications is written in a style accessible to managers, consultants, government officials, and others. Jean-Jacques Laffont and Jean Tirole analyze regulatory ref Theoretical models based on the assumption that telecommunications is /5(9).

The mobile telecommunications industry is one of the most rapidly growing sectors around the world. This book offers The Economics of competition in the telecommunicationsindustry book comprehensive economic analysis of the main determinants of growth in the industry.

Harald Gruber demonstrates the importance of competitive entry and the setting of technological standards, both of which play a central role in. economic impact of these influences is a fairly straightforward accounting exercise.

Second, if the bill were to pass and become law, then it would undoubtedly have a longrun impact on the structure of the telecommunications industry. Evaluation of this is somewhat more speculative, but a large body of research can be drawn upon that.

The goal of effective competition is to promote economic efficiency. Economic efficiency incorporates three concepts of efficiency: Allocative efficiency, technical efficiency.

Non-price competition is one of the market strategies in oligopoly. In mobile communication normally focuses on the competition over the quantity of sales, branding, product differentiation and aggressive advertising.

Firms will participate in non-price competition because of fear of price war which will increase their revenue (Boundless, ). Book Source: Digital Library of India Item : Robinson, ioned: ble.

The chapters in section one deal with the economic characteristics of the sector, which define the industry's structure. Sections two and three deal respectively with regulation and competition. Regulatory and competition issues continuously interact with each other, as each set of issues influences the s: 3.

Harvard University Press, - Business & Economics - pages 0 Reviews Looks at the history, regulation, and structure of the telecommunications industry, assesses the impact of competition, and predicts future industry strategies and trends.

About this book Introduction Involving experts from around 20 European countries, the goal of [email protected] was to develop a strategic research and training network among key people and organizations in order to enhance Europe's competence in the field of telecommunications economics.

The ascendancy of competition in the telecommunications industry suggests the emergence of a new public policy paradigm. By tracing the progress of two first movers - the United States and the United Kingdom - the technological, industrial and economic pressures for change can be observed.

In this paper we present the underlying assumptions, effects and expected benefits of the competitive. In such a framework, it analyzes how the market structure of the telecommunications industry can matter for its contribution to long-run growth.

It shows that policies which increase the number of The Economics of competition in the telecommunicationsindustry book and/or toughen competition imply higher innovative effort in the telecommunications industry and strengthen its contribution. The Economics of Competition uses the South African pharmaceutical industry as a case study to cogently challenge accepted economic and regulatory views on competition and monopoly, then re-establishes and emphasizes the importance of foundational economic principles.

The book comprehensively explores the concept that monopoly is self-limiting. Your final book on competition is Radical Markets. I love reading economics and I love reading science fiction.

Radical Markets is a great combination of both. This book is by E. Glen Weyl and Eric Posner, son of the Richard who played a critical role in the spread of the Chicago School view.

economic environment founded on freedom, equality and unhindered capacity. This work, therefore, examines and appraises the rules and regulations that have been instituted to encourage healthy competition and forestall antitrust practices among Nigerian businesses.

Further, it proffers suggestions. The book also discusses the impact of energy law reforms on energy markets from a competition law perspective. Competition law is a classic field of economic analysis.

This is largely due to the fact that competition law uses terms such as market, price, and competition and must therefore rely on economic know-how and analyses. ISBN Digitally watermarked, DRM-free Included format: PDF ebooks can be used on all reading devices Immediate eBook download after purchase Institutional customers should get in touch with their account manager.

1. Introduction. A vast empirical literature suggests that the telecommunications industry makes a significant contribution to economic growth (e.g., Röller and Waverman, ).

1 According to the theory and many empirical studies, this contribution can depend on the market structure of the telecommunications industry since the market structure can affect, for example, competitive.

Telecommunications matters economically for two reasons. First, it plays a role perhaps second only to brain power in the operation and rapidly expanding productivity of the modern “information-based” economy; indeed, it supplies a primary technical means for productively harnessing the information and knowledge spread among individual economic actors throughout the global economic order.

The chapter focuses on the role of facilities based competition in achieving that outcome. Regulatory impediments to facilities based competition are described, as are conditions under which a jurisdiction could end up with "regulation forever" by creating incentives for new entrants to choose a mandatory unbundling offer rather than investing.

Perfect competition, is the most competitive form of economic structure. Pure Perfect competition hardly exists. [6] Perfect competition means a state of affairs in which the demand for the output of an individual seller is perfectly elastic.

In other words we can say that at any hike in price of the product demanded will result in loss of a. The aim of this book, Future of the Telecommunications Industry: Forecasting and Demand Analysis, is to describe leading research in the area of empirical telecommunications demand analysis and forecasting in the light of tremendous market and regulatory purpose is to educate the reader about how traditional analytic techniques can be used to assess new telecommunications products.

In economics, competition is a condition where different economic firms seek to obtain a share of a limited good by varying the elements of the marketing mix: price, product, promotion and classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products.

The Comparison of Monopoly and Competitive Demand for Labour. Front Matter. Pages Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design.

All chapters include literature reviews and. Part of the outcome in the case of economic competition is determined by the focal unit’s internal structure (Lippmann and R umelt, ), by its resources that gives rise to the resource.

Unsustainable Inequalities: Social Justice and the Environment, by Lucas Chancel, Belknap Press, RRP$/RRP£, pages The author, co-director of the World Inequality Lab at the Paris. "Collective dominance and the telecommunications industry" published on 25 Mar by Edward Elgar Publishing.

Economic competition takes place in markets—meeting grounds of intending suppliers and buyers.1 Typically, a few sellers compete to attract favorable offers from prospective buyers. Similarly, intending buyers compete to obtain good offers from suppliers. When a contract is concluded, the buyer and seller exchange property rights in a good, service, or asset.

The US telecom industry has matured. It reached saturation levels in core voice services. Telecom companies don’t have the opportunity to gain access to new untapped customers. Evolution of the Telecommunications Sector. The telecommunications industry began in the s, with the invention of the telegraph, the first mechanical communications device.

Transportation economics. Meyer and three co-authors (Merton Peck, John Stenason and Charles Zwick) published The Economics of Competition in the Transportation Industries in This book conducted a thorough analysis of costs and demand which enabled the authors to study what the railroad industry might look like if it were better governed.

Get this from a library. Competition in telecommunications. [Jean-Jacques Laffont; Jean Tirole] -- Analyzes regulatory reform and the emergence of competition in network industries using the theoretical tools of industrial organization, political economy, and the economics of incentives.

The book. Other articles where Theory of Monopolistic Competition is discussed: Edward Hastings Chamberlin: thesis became the basis for Theory of Monopolistic Competition (), a book that spurred discussion of competition, especially between firms whose consumers have preferences for particular products and firms that control the prices of their products without being monopolists.

of competition law in the United States is that efficiency (allocative, produc- tive, and dynamic) is the desired outcome of antitrust policy, and competition is the means of achieving it. Thus antitrust laws are used to guard against re- strictions on competition.

Economic regulation has been established as a last. In this volume, Susan McMaster examines the evolution of the telecommunications industry in a series of stages from the invention of the telephone in to the present day. In the years following the invention of the telephone by Alexander Graham Bell, local service gradually spread to the major population centers of the United States.

In the European Union (EU), competition policy occupies a central place amongst other EU public policies and is the first truly supranational public policy regulating market competition. One of the stated objectives of EU competition policy is to prevent excessive concentration of economic power in the hands of a few.

This book investigates the pol. The level of future uncertainty is increasing around the telecommunications industry – driven by rapid technological, regulatory, and customer demand changes.

Still, the opportunities are greater today than ever before for industry players that embrace disruption, reimagine their network services capabilities, and drive growth. Antitrust promoted competition without favoring special interests, but could not formulate rules for particular industries.

Antitrust and regulation can be viewed as complements, where policymakers assign control of competition to courts or regulatory agencies based on their relative strengths.Part 2 examines market concentration, the intensity of competition between airlines, and their competitive strategies in the world's two largest deregulated markets, the US and the EU.

The emergence of low-cost carriers, the future of the three global alliances, and the consolidation of network carriers through merger and acquisition all come.Supporting university teachers of economics in the UK & worldwide. The Economics Network is based at and supported by the University of receives funding from the Royal Economic Society, the Scottish Economic Society and more than fifty subscribing university departments.

Find out more about the network and its staff or contact us.

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