Network Economics
Principles - Strategies - Competition Policy
Paperback Engels 2016 1e druk 9783319363950Samenvatting
This textbook on network economics provides essential microeconomic instruments for the analysis of network sectors like telecommunications, transport or energy. Network-specific characteristics emerge both on the cost side and benefit side, requiring network providers to develop innovative entrepreneurial competition strategies for costing, pricing, and investment.
From a competition policy perspective, a number of interesting questions arise:
- In which parts of networks is competition functional?
- In contrast, where is an abuse of market power to be expected?
- What is the division of labor between cartel authorities and regulatory agencies?
The book develops an analytical framework for all network industries which allows readers to study entrepreneurial strategies as well as regulation and competition policies for network industries.
Specificaties
Lezersrecensies
Inhoudsopgave
Decision-Relevant Costs.
Congestion Externalities.
Strategies for Price Differentiation.
Auctions.
Compatibility Standards in Networks.
Universal Service.
Market Power Regulation.
The Positive Theory of Regulation.
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