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This revised casebook-plus-commentary offers a basic introduction to the traditional regulation of telephone companies as well as the new lines of businesses they have entered. Drawing on historical and contemporary court decisions as well as on FCC and legislative materials, Brenner documents and evaluates the past twenty years of regulation of the telecommunications industry. In particular, he traces the major regulatory changes from the time of AT&T's single-firm dominance to the increasingly competitive marketplace of today. The law and literature necessary to understand the development and trends in telecommunications are voluminous and, up until now, have been difficult to locate in one place. This book presents the critical concepts and shifts in communications policy coherently and concisely. In this revised and expanded edition, Brenner provides excerpts and comments upon the key decisions in the field, ordering them in a readily accessible manner. He assumes no specialized background in technology, law, or economics. Brenner provides an ideal introduction to this increasingly important field for professionals as well as for scholars and students interested in communications and communications policy.
Telecommunications Demand in Theory and Practice, which builds upon the author's seminal 1980 book, Telecommunications Demand: A Review and Critique, provides comprehensive analyses of the determinants and structure of telecommunications demands in the United States and Canada. Theory and empirical application receive equal emphasis with a heavy focus on the developments and econometric research since the divestiture of AT&T in 1984. For the first time, a detailed theoretical analysis of business telecommunications demand on subscriber and usage consumption externalities is presented. Telecommunications Demand in Theory and Practice is without peer in the documentation and analysis of price elasticities of demand for telecommunications services. This new book also includes a comprehensive bibliography with over 500 entries related to telecommunications demand and pricing. Telecommunications Demand will appeal to both academic and consulting economists, telecommunications industry analysts and regulators, and to teachers of courses in applied econometrics and regulated industries.
Systematically reviews recent innovations in the economic theory of pricing and extends results to the conditions which characterize telecommunications markets
The papers in this volume cover a broad scope. They were selected with two criteria in mind: firstly, that demand analysis in telecommunications would benefit from the study of market structure, as well as from a focus on the details of customer choice; and secondly that a wide variety of techniques from various disciplines should be brought to bear. The volume is divided into three sections. Section I covers end user demand and focuses on the individual choice problem. The techniques discussed cover both experimental psychology and the usual economic choice models, and range from theoretical models of the choice process to econometric and measurement issues. Papers which apply novel techniques to other industries have been included in an attempt to bring a diversity of approaches to the attention of telecommunications specialists. The staple area of telecommunications demand analysis - the econometrics of market behavior is covered in Section II. Three outstanding papers in econometric theory have been included, as well as novel applications to the long distance market.