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Based on an idiosyncratic reading of the literature I propose intermediate (rather than tight or soft) regulation for balancing investment incentives with allocative efficiency and competition objectives. Intermediate regulation is compatible with incentive regulation and helps lengthening the...
Persistent link: https://www.econbiz.de/10003939937
Will telecommunications policy in the form of industry-specific regulation go away? A literature review of the five policy areas (1) termination monopoly, (2) local bottleneck access, (3) net neutrality, (4) spectrum management, and (5) universal service suggests that in some of them a move to...
Persistent link: https://www.econbiz.de/10010223359
Currently, U.S. and EU telecommunications policies differ in many respects. For example, wholesale access to local loops is largely deregulated in the U.S. but continues to be regulated in the EU. Or, the U.S. has an elaborate universal service policy with a set of universal service funds and...
Persistent link: https://www.econbiz.de/10010366153
U.S. network industry reforms led other countries in the past, but have recently run into difficulties in specific areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the California disaster. Part of the explanation for these...
Persistent link: https://www.econbiz.de/10011402612
Performance-based regulation (PBR) is influenced by the Bayesian and non-Bayesian incentive mechanisms. While Bayesian incentives are impractical, the insights from their properties can be combined with practical non-Bayesian mechanisms for application to transmission pricing. This combination...
Persistent link: https://www.econbiz.de/10002856774
The economics literature on Net Neutrality (NN) has been largely critical of NN regulation on the basis of theoretical findings that NN violations can be both welfare improving and welfare deteriorating, depending on the circumstances of the case in question. Thus, an ex post competition policy...
Persistent link: https://www.econbiz.de/10012019034
Benutzungsgebühren für Wegeinfrastrukturen haben keineswegs nur eine Finanzierungsfunktion, sondern stellen auch ein geeignetes Instrument zur Allokation knapper Infrastrukturkapazitäten dar. Da die Opportunitätskosten der Inanspruchnahme von knappen Wegeinfrastrukturkapazitäten von allen...
Persistent link: https://www.econbiz.de/10003316200
Aktiver und potenzieller Wettbewerb ist auf den Märkten für Verkehrsleistungen funktionsfähig. Dies gilt auch für den ÖPNV. Da defizitäre Universaldienste im Wettbewerb nicht spontan bereitgestellt werden, muss Art und Umfang die- ser Leistungen im politischen Prozess festgelegt und...
Persistent link: https://www.econbiz.de/10003484972
Persistent link: https://www.econbiz.de/10008903901
Dieser Beitrag behandelt das Zusammenspiel von normativer und positiver Theorie der Regulierung. Die regulierungsbedürftigen Netzbereiche können mit Hilfe der normativen Theorie der monopolistischen Bottlenecks lokalisiert werden. Der disaggregierte Regulierungsansatz ermöglicht es, die...
Persistent link: https://www.econbiz.de/10003582930