Competition in telecommunications / Jean-Jacques Laffont and Jean Tirole
Material type: TextSeries: Munich lectures in economicsPublication details: Cambridge : MIT Press, 2001Description: xvi, 315p, 22cmISBN:- 0262621509
- 384.041 LAF
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
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Book | Calcutta | 384.041 LAF (Browse shelf(Opens below)) | Available | IIMC-116805 |
The book analyzes regulatory reform and the emergence of competition in network industries using the state-of-the-art theoretical tools of industrial organization, political economy and the economics of incentives. The following sections focus on four central aspects of the recent deregulatory movement: the introduction of incentive regulation; one-way access (access given by a local network to the providers of complementary services); the special nature of competition in an industry requiring two-way access (whereby competing networks depend on the mutual termination of calls); and universal service, in particular the two leading contenders for the competitively neutral provision of universal service: the use of engineering models to compute subsidies and the design of universal service auctions. The book concludes with a discussion of the Internet and regulatory institutions.
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