Cost Proxy Models and Telecommunications Policy: A New Empirical Approach to Regulation (Regulation of Economic Activity)
| Author | : | |
| Rating | : | 4.69 (873 Votes) |
| Asin | : | 0262072378 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2015-11-17 |
| Language | : | English |
DESCRIPTION:
Exccellent book Khan-e-paeen I recommend this book to anyone interested in cost proxy development or anyone interested in learning about the subject for the first time.
Farid Gasmi is Professor of Economics at the Université de Toulouse.William W. Sharkey is a Senior Economist at the Federal Communications Commission.D. Mark Kennet is Associate Professor of Telecommunications at George Washington University.
The book, which is largely methodological, shows that a combination of LECOM, econometrics, and simulations can aid policy discussion of such contentious issues as incentive regulation, natural monopolies, estimating the cost of interconnection among networks, and the obligation of universal service. The book includes a CD-ROM containing the data set the authors used to analyze their model.. The work is unusual in that it applies the foundations of regulation theory to a model of an industry rath
(Gregory L. (James E. The theoretical rationales expose many of the problems with historic regulatory and subsidy programs and set a framework for implementing efficient forward-looking solutions. Prieger, Department of Economics, University of California Davis) . Rosston, Deputy Director, Stanford Institute for Economic Policy Research, Stanford University)The answer to virtually every important question in the field of empirical regulation depends on estimates of the firm's cost function -- estimates that have been notoriously poor in past telecommunications studies. In addition, it provides a promising new avenue for ways to do empirical economic research. This book is an important tool for regulators and policy analysts interested in implementing sound policies for the regulation of imperfect competition in local mono