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The decision whether to mandate access to telecommunications networks presents policymakers with a choice between two regulatory paradigms. One focuses on breaking down the traditional monopoly by stimulating competitive entry; the other surrenders to the monopoly and simply seeks to allocate...
Persistent link: https://www.econbiz.de/10013100044
In The Master Switch, Tim Wu argues that four leading communications industries have historically followed a single pattern that he calls “the Cycle.” Because Wu's argument is almost entirely historical, the cogency of its claims and the force of its policy recommendations depends entirely...
Persistent link: https://www.econbiz.de/10013066583
One of the most distinctive developments in telecommunications policy over the past few decades has been the increasingly broad array of access requirements regulatory authorities have imposed on local telephone providers. In so doing, policymakers did not fully consider whether the...
Persistent link: https://www.econbiz.de/10013159596
Although the debate over hipster antitrust is often portrayed as something new, experienced observers recognize it as a replay of an old argument that was resolved by the global consensus that antitrust should focus on consumer welfare rather than on the size of firms, the levels of industry...
Persistent link: https://www.econbiz.de/10012837938
The apparent success of municipal fiber projects in places such as Chattanooga has led to widespread calls for other cities to undertake similar initiatives. Unfortunately, empirical assessments of municipal fiber projects' performance are few and far between, with most of the literature...
Persistent link: https://www.econbiz.de/10012959699
The emergence of the cloud is heightening the demands on the network in terms of bandwidth, ubiquity, reliability, latency, and route control. Unfortunately, the current architecture was not designed to offer full support for all of these services or to permit money to flow through it. Instead...
Persistent link: https://www.econbiz.de/10012900504
NEBULA is a proposal for a Future Internet Architecture. It is based on the assumptions that: (1) cloud computing will comprise an increasing fraction of the application workload offered to an Internet, and (2) that access to cloud computing resources will demand new architectural features from...
Persistent link: https://www.econbiz.de/10012895754
The well-known “access-incentives” tradeoff that lies at the heart of the standard economic analysis of copyright follows largely from the assumption that copyright turns authors into monopolists. If one instead analyzes copyright through a framework that allows for product differentiation...
Persistent link: https://www.econbiz.de/10012895766
The current debate over network neutrality has not fully appreciated how service differentiation can benefit consumers and promote Internet adoption. On the demand-side, service differentiation addresses the primary obstacle to adoption, which is the lack of perceived need for Internet service,...
Persistent link: https://www.econbiz.de/10012942130
The House Energy and Commerce Committee has begun a process to review and update the Communications Act of 1934, last revised in any material way in 1996. As the Committee begins the review process, this paper responds to questions posed by the Committee that all relate, in fundamental ways, to...
Persistent link: https://www.econbiz.de/10013059618