Opening Networks to Competition : The Regulation and Pricing of Access

indgår i serie TOPICS IN REGULATORY ECONOMICS AND POLICY


Opening Networks to Competition : The Regulation and Pricing of Access
Format:
Bog, hæftet
Udgivelsesdato:
01-10-2012
Sprog:
Engelsk
  • Beskrivelse
  • Yderligere info
  • Anmeldelser

David Gabel and David F. Weiman The chapters in this volwne address the related problems of regulating and pricing access in network industries. Interconnection between network suppliers raises the important policy questions of how to sustain competition and realize economic efficiency. To foster rivalry in any industry, suppliers must have access to customers. But unlike in other sectors, the very organization of network industries creates major impediments to potential entrants trying to carve out a niche in the market. In traditional sectors such as gas, electric, rail, and telephone services, these barriers take the form of the large private and social costs necessary to duplicate the physical infrastructure of pipelines, wires, or tracks. Few firms can afford to finance such an undertaking, because the level of sunk costs and the very large scale economies make it extremely risky. In other newer sectors, entrants face less tangible but no less pressing constraints. In the microcomputer industry, for example, high switching costs can prevent users from experimenting with alternative, but perhaps more efficient hardware platforms or operating systems. Although gateway technologies can reduce these barriers, the installed base of an incumbent can create powerful bandwagon effects that reinforce its advantage (such as the greater availability of compatible peripherals and software applications). In the era of electronic banking, entrants into the automated teller machine· (A TM) and credit card markets face a similar problem of establishing a ubiquitous presence.

Vis mereVis mindre

ISBN13:
9781461375050
Vægt:
372 g
Dybde:
14 mm
Bredde:
156 mm
Højde:
234 mm
Forlag:
Springer
Format:
Hæftet
  • Forfattere

    Vis mereVis mindre

    Vis mereVis mindre

    Opening Networks to Competition : The Regulation and Pricing of Access

    indgår i serie TOPICS IN REGULATORY ECONOMICS AND POLICY

    • Leveringstid 4-6 hverdage
    • Forventet levering 23-07-2019

    på lager

    Fandt du ikke hvad du søgte?

    Hvis denne bog ikke er noget for dig, kan du benytte kategorierne nedenfor til at finde andre titler. Klik på en kategori for at se lignende bøger.

    Velkommen til Saxo

    Du har nu adgang til din konto hos Saxo, og kan se alle oplysninger om dit medlemskab, dine
    ordrer og din digitale boghylde under "Mit Saxo".

    Som tak for, at du har aktiveret dit medlemskab, har vi valgt at give dig fri læsning hele
    sommeren. Dvs. at du frit kan tilgå de mere en 50.000 bøger i Saxos app, samt købe bøger til
    vores altid lave medlemspris og fri fragt her på Saxo.com hele juli og august. Din næste
    medlemsbetaling vil først falde i september.

    Vi glæder os meget til at byde dig velkommen i vores univers, og håber at du kommer godt i
    gang med Saxo Premium.

    God sommer og god læselyst!

    Med venlig hilsen
    Saxo

    Kom i gang nu!