The subject of this book - whether or not to extend traditional telecommunications regulation to high-speed, or broadband, access to the Internet - is perhaps the most important issue facing the Federal Communications Commission. The issue is contentious, with academics and influential economic...

In this paper we study how the coexistence of access regulations for legacy (copper) and fiber networks shapes the incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by incumbent telecom operators and heterogeneous...

The paper focuses on the cost characteristics of Internet technology and on the question whether there are monopolistic bottlenecks in Internet services which justify regulatory intervention into the market. The analysis is prompted by a discussion which followed the MCI and Worldcom merger in...