TY  - BOOK
AU  - Vogelsang,Ingo
TI  - The economics and regulation of network industries: telecommunications and beyond 
T2  - Cambridge elements. Elements in public economics
SN  - 9781108775410 (ebook)
AV  - HD2763 .V64 2021
U1  - 363.6 23
PY  - 2021///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Public utilities
KW  - Economic aspects
KW  - Standards
KW  - Government policy
KW  - Information networks
N1  - Title from publisher's bibliographic system (viewed on 07 Oct 2021)
N2  - Have you ever wondered how your telephone company or Internet service provider can give you access to almost all people in the world, or how electricity suppliers can compete with each other if there is only one electric supply line passing through your street? This Element deals with the economics and public regulation of such network industries. It puts particular emphasis on the specific economic concepts used for analyzing them and on the regulatory reform movement and the compatibility of regulation and competition. Worldwide most of these industries have changed dramatically in recent years, telecommunications in particular. Network industries mostly exhibit economies of scale in production and similar economies in consumption. Both of these properties cause market power problems that often require industry-specific regulation. However, due to technological and market changes network policies have moved on from end-user regulation to wholesale regulation and in some cases to deregulation
UR  - https://doi.org/10.1017/9781108775410
ER  -