In this review "Networks in Telecommunications" is shown to be a clear and quite comprehensive treatise on the economics of regulation in telecommunications which deeply scrutinizes the actual implementation of regulation in telecommunications. Limits and drawbacks are highlighted and possible improvements are suggested. However, had the work by Spulber and Yoo been only about the limits of the TELRIC pricing rule and the superiority of ECPR, then the book would have added little to the established literature on regulation in telecommunications. This is not the case, as they question the scope for regulation as a whole in telecommunication markets. In the light of technological convergence and the emergence of facility-based competition their arguments constitute an important challenge to other economic theories supporting regulation in this industry.
Daniel F.Spulber Christopher S.Yoo, Networks in Telecommunications—Economics and Law
DE FEO, GIUSEPPE
2011-01-01
Abstract
In this review "Networks in Telecommunications" is shown to be a clear and quite comprehensive treatise on the economics of regulation in telecommunications which deeply scrutinizes the actual implementation of regulation in telecommunications. Limits and drawbacks are highlighted and possible improvements are suggested. However, had the work by Spulber and Yoo been only about the limits of the TELRIC pricing rule and the superiority of ECPR, then the book would have added little to the established literature on regulation in telecommunications. This is not the case, as they question the scope for regulation as a whole in telecommunication markets. In the light of technological convergence and the emergence of facility-based competition their arguments constitute an important challenge to other economic theories supporting regulation in this industry.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
