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Digital technologies are being adopted at a faster pace than previous waves of innovation, and their use is re-shaping administration and business, consumer behaviour and social interactions. They are subject to widely varying regimes, from lightly regulated but heavily standardised global...
Persistent link: https://www.econbiz.de/10012914412
The global financial crisis has provided clear evidence that the global financial system, including that of Australia, is founded on flawed economic theories. There is no scientific justification for sophisticated risk management, complex institutional structures or intrusive regulation....
Persistent link: https://www.econbiz.de/10013031913
Energy products such as power, gas, and oil have long been the world's premier commodities. Consumers demand that power and fuel are available when they want it and they prefer to pay less for it. Few know or care where their fuel or power comes from. So for years energy companies believed that...
Persistent link: https://www.econbiz.de/10012851952
Almost every product sold today must conform to standards, whether relating to its design, manufacture, operation, testing, safety, sale or disposal, and sometimes to many of these at once. At their root, standards are no more than written requirements or design features of a product, service or...
Persistent link: https://www.econbiz.de/10014186306
In the last few years, U.S. telecoms policy has shifted from encouraging the sharing of existing networks to facilitating the deployment of advanced communications networks. Given the large capital expenditures required for these networks, there can be only a few of such networks. In light of...
Persistent link: https://www.econbiz.de/10014050795
Open almost any news source, or simply turn on the program guide of your own television, and the explosive proliferation of sports telecasts is quickly evident. The amount exhibitors pay to sports leagues has reached dizzying heights, in large part due to high demand and the unique, unrecorded...
Persistent link: https://www.econbiz.de/10014158283
Simpler to me would be a lunar colony with a mini nuclear power plant. The materials for the panels would in both cases be found on the moon. Launching of the panels would benefit from the low gravity on the moon (1/6 of earth gravity) and the earth would still be saved from the environmental...
Persistent link: https://www.econbiz.de/10013102592
Interconnection rates are a key variable in telecommunications markets. Every call that is placed must be terminated by the network of the receiving party, thus the termination end has the characteristic of an economic bottleneck and is subject to regulation in many countries. This paper...
Persistent link: https://www.econbiz.de/10013094243
International mobile roaming has been subject to market interventions since the 1990s, first requiring operators to be provide customers with roaming, then trying to limit the increasing prices, that were seemingly immune to the effects of competition. The European Commission, in trying to...
Persistent link: https://www.econbiz.de/10013094663
Large platform companies increasingly integrate vertically by building Internet infrastructure. These proprietary infrastructures confer cost and quality advantages in digital platform markets. I model competing investment incentives for an upstream player and a vertically integrated platform...
Persistent link: https://www.econbiz.de/10014242438