Handbook of Telecommunications Economics: Technology by Sumit Kumar Majumdar, Ingo Vogelsang, Martin E. Cave

By Sumit Kumar Majumdar, Ingo Vogelsang, Martin E. Cave

The target of the second one quantity of the ''Handbook of Telecommunications Economics'' is to spotlight the industrial features of the evolution of communications applied sciences past the elemental fixed-line telephony infrastructure that used to be lined in quantity 1. In that e-book, structural, regulatory and pageant coverage concerns with recognize to a well known expertise have been lined. but, technological innovations have elevated in a quantum demeanour. Fuelled by means of the creativity of marketers and policy-makers worldwide, it really is secure to deduce technique of artistic destruction is easily underway. quantity 2 covers the foremost technological advancements and tracks the alterations in those advancements, linking them to the ways in which either communications can occur and that associations and rules can evolve. Written via global major students in a way that may be liked by means of a large viewers of lecturers and execs, the fifteen distinct studies that make up this e-book offer a tutorial viewpoint on those modern adjustments.

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These two effects provide for two different potential justifications and policy directions for access policies. The telecommunications sector is an example of an industry with both effects. These concepts are closely related to the differentiation between one‐way access, or vertical access and two‐way access, also known as horizontal access or interconnection, made in the access‐pricing literature. Bandwagons are similar to network effects. In spite of these similarities, the author uses bottlenecks and bandwagons to provide a refreshingly new synthesis of policy insights.

Furthermore, the regulator can collect any abusively excessive amounts collected by the firms in the meantime. This section has been incorporated in the TKG 2004 among others as a way to prevent full‐blown regulation of the mobile sector, which so far is not regulated under the market dominance provisions. In fact, the fear may be justified that, while the EU framework may be able to move end‐user markets toward deregulation, the wholesale market regulation may be sticky and may even perpetuate itself for call termination, although intermodal competition between fixed and mobile networks will eventually gain full steam.

The chapter by Milton Mueller, that comprehensively deals with an underresearched yet important area, is also historical in analysis and describes the emergence of one among several phenomena, now at best a dozen years old, associated with the Internet. That phenomenon is that of domain names. ’ The domain name phenomenon is sufficiently critical that a specialized United Nations agency, the World Intellectual Property Organization (WIPO) is regularly involved in proceedings and is a topic that now engages the minds of the United Nations as a whole.

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