£116.78

Springer - Price Caps and Incentive Regulation in Telecommunications

Name: Springer - Price Caps and Incentive Regulation in Telecommunications
Brand: Springer
Price: 116.78 GBP
Availability: InStock

Economic Policy & Development

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Description

Explore the evolution of telecommunications regulation in this specialized volume by Michael A. Einhorn. As the industry moves toward deregulation, regulators are shifting away from traditional cost-based pricing models. This book examines how alternative approaches can help encourage monopoly efficiency and drive technological innovation. Traditional regulatory procedures focused on recovering company costs plus an allowed rate of return. However, these methods often proved costly to administer and lacked consistent incentives for cost efficiency. This text addresses those limitations by looking at modern incentive-based strategies designed to protect consumers while reducing the administrative burden on regulatory bodies. Part of the Topics in Regulatory Economics and Policy series, this work provides a deep look into how new pricing structures can support a changing technological landscape. It is an essential resource for those studying economic policy and the shifting dynamics of the telecommunications sector.

Key Features

Analyzes the transition from traditional cost-based regulation to modern incentive-based approaches in the telecommunications industry.

Examines how alternative pricing models can encourage monopoly efficiency and drive technological innovation within the sector.

Discusses methods for protecting consumers while simultaneously reducing the administrative costs associated with regulatory procedures.

Provides insight into the limitations of older strategies that focused on cost recovery plus an allowed rate of return.

Part of the Topics in Regulatory Economics and Policy series, offering academic depth for students and professionals.

Product Specifications

Brand: Springer
Format: Hardcover
ASIN: 0792391136
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Policy & Development
Domain: Amazon UK
Release Date: 31 March 1991
Listed Since: 16 February 2007

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Springer - Price Caps and Incentive Regulation in Telecommunications

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