In this Policy Paper, we analyze the effects of quot;network neutralityquot; proposals that seek to mandate an inflexible set of rules that would foreclose or severely limit many market transactions. Our model reveals that under plausible conditions, rules that prohibit efficient commercial...

Over the past twenty years we have seen the emergence of an important phenomenon in the practice of modern regulation — cooperative bargaining between the regulator and the regulated over a “bundle” of seemingly unrelated issues. Because of the multiplicity of issues being adjudicated...

Each $1 million change in the regulatory budget is associated with a change of about four regulator jobs. With our new update, we now find that a 10% cut in the regulatory budget results in a loss of 21,756 regulatory jobs. Given the average jobs impact of 3 million jobs over the five-year...

In this perspective, I provide a detailed review of the Consumer Federation of America's attempt to calculate a “big number” in the context of the FCC's development of a new regulatory scheme for special access services. As shown here, CFA's claim is based on a method that is internally...