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Full Description
Digital markets worldwide are in rapid flux. The Internet and World Wide Web have traditionally evolved in a largely deregulated environment, but recently governments have shown great interest in this rapidly developing sector and are imposing regulations for a variety of reasons that are changing the shape of these industries. This book explores why the industrial organization of broadband ISPs, Internet backbone providers and content/application providers are in such turmoil. The expert contributors straddle the turbulent past of the telecoms sector and also contribute to its exciting - though unpredictable - future via positive analysis of past communications policies, which is then utilized to deduce lessons to guide future policy making decisions. It is illustrated that broadband ISPs no longer simply provide a conduit for service delivery; they are also involved in producing content and transaction services themselves, in competition with content and delivery providers. The blurring of the traditional lines between these three sectors, as each enters into the others' markets, is highlighted. The conclusion is that we are witnessing the emergence of powerful, competing platforms, linked in complex ways that challenge traditional economic analyses.
Exploring governance issues, regulation and investment, next-generation service markets and wireless communication, this book will prove a fascinating and illuminating read for scholars, researchers, post-graduate students and policy makers with an interest in ICT, technology and innovation, economics and industrial organization.
Contents
Contents:
Foreword
Introduction
1. Challenges of Institutional Governance for Network Infrastructures: Reinstitution and Expansion of Legal Innovations
Barbara A. Cherry
2. Beyond Traditional Regulatory Models: Emerging Governance for New Networks
Rob Albon
3. Government Oversight of Next Generation Wireless Networks
Rob Frieden
4. Incentive Regulation, Investments and Technological Change
Ingo Vogelsang
5. Policy and Regulation for Next Generation Networks
Martin Cave
6. Sector Regulation and Investment Incentives: The European Experience
Harald Gruber
7. Pricing of Complements and Network Effects
Nicholas Economides and Brian Viard
8. Spillovers and Network Neutrality
Christiaan Hogendorn
9. Network Neutrality and Sector Performance: Exploring Policy Options with Simulation Methods
Kurt DeMaagd and Johannes M. Bauer
10. Mobile Communications: Economic and Social Impact
Gerald R. Faulhaber
11. Regulator Incentives and Third Generation National Mobile Telecommunications Market Entry
Gary Madden, Aaron Morey and Erik Bohlin
12. Licensing Options for Digital Dividend Spectrum: An Australian
Perspective
Benoît P. Freyens
13. Two-sided Markets with Substitution: Mobile Termination Revisited
Jerry A. Hausman
14. Policy Implications of Asymmetric Termination Rate Regulation in Europe
Edmond Baranes and Cuong Huong Vuong
15. The Absence of Data for Measuring the Economic Impact of IT in the US
Shane Greenstein
Index
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