MARC Record from marc_columbia

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001 4252947
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006 m o d
007 cr cn|||||||||
008 030521s2002 maua ob 001 0 eng d
010 $z 2002024611
035 $a(OCoLC)ocm52289990
035 $a(NNC)4252947
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020 $a9780262273589$q(electronic bk.)
020 $a0262273586$q(electronic bk.)
020 $a0585448361$q(electronic bk.)
020 $a9780585448367$q(electronic bk.)
020 $z0262072378$q(hc ;$qalk. paper)
020 $z9780262072373$q(hc ;$qalk. paper)
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037 $a2191$bMIT Press
037 $a9780262273589$bMIT Press
043 $an-us---
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245 00 $aCost proxy models and telecommunications policy :$ba new empirical approach to regulation /$cFarid Gasmi [and others].
260 $aCambridge, Mass. :$bMIT Press,$c©2002.
300 $a1 online resource (xvi, 257 pages) :$billustrations.
336 $atext$btxt$2rdacontent
337 $acomputer$bc$2rdamedia
338 $aonline resource$bcr$2rdacarrier
347 $adata file$2rda
490 1 $aRegulation of economic activity ;$v22
504 $aIncludes bibliographical references (pages 243-248) and index.
588 0 $aPrint version record.
520 $aAn empirical approach to understanding telecommunications regulation based on the use of a sophisticated engineering cost proxy model.The telecommunications industry defies easy characterization. The long-distance sector is highly competitive and the local exchange sector much less so, while digital transmission and switching have blurred the distinction between traditional voice communication and the transmission of video and data messages. Regulation of this industry has generally been considered necessary because it has aspects of a natural monopoly.This book takes an empirical approach to natural monopoly and the need for regulation of telecommunications. The centerpiece of the analysis is a sophisticated engineering cost proxy model, the local exchange cost optimization model (LECOM). 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 presents a theoretical framework to explain the incentives of firms and the power of regulation and then uses LECOM to test the theoretical implications. The work is unusual in that it applies the foundations of regulation theory to a model of an industry rather than applying econometric theory to historical cost data. The book includes a CD-ROM containing the data set the authors used to analyze their model.
505 00 $g1.$tIntroduction --$g2.$tThe local exchange network: an overview --$g3.$tThe use of LECOM under complete information --$g4.$tReglulation under incomplete information --$g5.$tThe natural monopoly test --$g6.$tOptimal regulation of a natural monopoly --$g7.$tComparision of performance of incentive and traditional regulatory schemes --$g8.$tUniversal service --$g9.$tStrategic cross-subsidies and vertical integration --$g10.$tConclusion --$tAppendices.
546 $aEnglish.
650 0 $aTelecommunication$xLaw and legislation$zUnited States.
650 0 $aTelecommunication policy$zUnited States.
650 0 $aTelecommunication$zUnited States$xCosts$xEconometric models.
650 7 $aBUSINESS & ECONOMICS$xIndustries$xMedia & Communications.$2bisacsh
650 7 $aTECHNOLOGY & ENGINEERING$xTelecommunications.$2bisacsh
650 7 $aTelecommunication$xLaw and legislation.$2fast$0(OCoLC)fst01145888
650 7 $aTelecommunication policy.$2fast$0(OCoLC)fst01146029
651 7 $aUnited States.$2fast$0(OCoLC)fst01204155
653 $aECONOMICS/Industrial Organization
653 $aINFORMATION SCIENCE/Communications & Telecommunications
655 0 $aElectronic books.
655 4 $aElectronic books.
700 1 $aGasmi, Farid.
776 08 $iPrint version:$tCost proxy models and telecommunications policy.$dCambridge, Mass. : MIT Press, ©2002$z0262072378$w(DLC) 2002024611$w(OCoLC)49276536
830 0 $aRegulation of economic activity ;$v22.
856 40 $uhttp://www.columbia.edu/cgi-bin/cul/resolve?clio4252947$zAll EBSCO eBooks
852 8 $blweb$hEBOOKS