Competition in Telecommunications

Competition in Telecommunications
Publisher: The MIT Press | pages: 325 | 1999 | ISBN: 0262122235 | File type: CHM | 10,2 mb

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 of competition in network industries using the state-of-the-art theoretical tools of industrial organization, political economy, and the economics of incentives.

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