The Economics and Regulation of Network Industries (Paperback)

Language: English

Published by Cambridge University Press, Cambridge, 2021

1108745326 / 9781108745321

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Paperback. 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. 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. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…

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Title
The Economics and Regulation of Network Industries (Paperback)
Author
Ingo Vogelsang
Publisher
Cambridge University Press, Cambridge
Publication year
2021
Condition
new
Binding
Paperback
Language
English
ISBN 10
1108745326
ISBN 13
9781108745321

CitiRetail

Stevenage, United Kingdom

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AbeBooks seller since June 29, 2022

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