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Paperback Competition in Telecommunications Book

ISBN: 0262621509

ISBN13: 9780262621502

Competition in Telecommunications

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Book Overview

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...

Customer Reviews

2 ratings

Review of Competition in Telecommunications

Probably the best summary of the economics of access regulation in the easly chapters that you'll find anywhere (particularly after the sad passing of Jean-Jacques) and a very accessible coverage of the application of those principles to the specific case of telecommunications.

Network Competition in Practice

Professor Laffont's book illustrates the last ten years theoretical developments that explain how feasible is to encourage competition in local telephony.As usual, theoretical developments follows technological advances that allow profitable entry in a typical natural monopoly market. Moreover, this book highlights the importance for policy makers in helping entry in this market by eliminating legal entry barriers, or in some cases subsiding new becomers.Although this book is more oriented to policy makers than academics, I would like to have seeing more formal treatment for some of the many topics cover by professor Laffont. Nevertheless, this book represents an excellent summary of network competition literature.
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