Telecommunications Pricing: Theory and Practice
| Author | : | |
| Rating | : | 4.19 (960 Votes) |
| Asin | : | 0521426782 |
| Format Type | : | paperback |
| Number of Pages | : | 328 Pages |
| Publish Date | : | 2014-03-25 |
| Language | : | English |
DESCRIPTION:
It is an excellent addition to previous books on regulation, but is particularly useful to those who want an overview of the current state of telecommunications economics." Journal of Economic Literature . "an excellent survey of the theoretical literature on optimal pricing of utilities (with their own applications to telecommunications) coupled with a very up to date and fascinating discussion of actual pricing policies by local exchange and interexchange carriers
This book systematically reviews recent innovations in the economic theory of pricing and extends results to the conditions that characterize telecommunications markets. The authors develop and illuminate the normative theory of pricing--with its objectives of social welfare, economic efficiency and fairness--and compare it with the practice of business and regulators.. The past decade has seen a surge of pricing innovations in the U.S. telecommunications industry