The authors examine how telecommunications regulation can be designed to adapt automatically as the market for local service becomes increasingly competitive. They address how regulators can protect... This description may be from another edition of this product.
The telephone policy wars continue unabated, with conflicting experts (and "experts") seemingly available to testify on most topics. This book is notable as a collaboration between two prominent authors who fall on opposing sides -- Baumol (usually for the long distance competitors), and Sidak (usually for the local phone companies). Although nearly a decade old (and thus a bit long in the tooth regarding the rapid changes in the industry), its economics are still valid, and clearly explained. This volume belongs on the bookshelf of anyone with an academic or professional interest in the economics of the telephone industry, or its regulation.
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