Competition in Telecommunications
In Competition in Telecommunications, 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.The book opens with background information for the reader who is unfamiliar with current issues in the telecommunications industry. The following sections focus on four central aspects of the recent deregulatory movement: the introduction of incentive regulation; one-way access; the special nature of competition in an industry requiring two-way access; and universal service, in particular, the use of engineering models to compute subsidies and the design of universal service auctions.
About the Authors
Jean-Jacques Laffont was Professor of Economics at the
Université des Sciences Sociales de Toulouse and the Institut
Universitaire de France and Director of the Institut d'Economie
Jean Tirole, the 2014 Nobel Laureate in Economics, is Scientific Director of IDEI (Institut d'Economie Industrielle), Chairman of the Board of TSE (Toulouse School of Economics), and Annual Visiting Professor of Economics at MIT.
—Jerry A. Hausman, MacDonald Professor of Economics, MIT
—William J. Baumol, Director, C.V. Starr Center for Applied Econoimcs, New York University
—Marius Schwartz, Professor of Economics, Georgetown University
—Richard Schmalensee, Dean, MIt Sloan School of Management