Alfred Kahn's book, Letting Go: Deregulating the Process of Deregulation, suggested that regulators step aside once they have set basic rules for entry into erstwhile monopolized markets. Unfortunately, communications regulators have not heeded Professor Kahn's advice. I provide an analysis of...

Policies mandating unbundling of copper telecommunications networks have now been in place for more than 15 years, and it is thus becoming possible to study their long-run effects. This paper reviews the existing evidence on the effects of copper unbundling, and presents new empirical results...

The economic literature on the prospects for cable television in the nation's major television markets is universally pessimistic. The conventional wisdom, as expressed by Park and Mitchell in the pages of this Journal, is that cable systems will not be able to enroll many subscribers in areas...

In this paper, a television program cost function is derived from a simple model of network rivalry based upon the Cournot postulate. This cost function is then fitted to data from a cross section of new network entertainment series for 1960-1965. The resulting estimates are quite unfavorable to...