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...

In this PERSPECTIVE, I will review the arguments made to exclude AT&T and Verizon from the spectrum Incentive Auction scheduled in 2015. These argument is that the exclusion of the larger provides will increase auction revenues. My analysis seeks to determine whether or not economics support...

Did the deployment of higher speed broadband slow after the Federal Communications Commission formally redefined broadband service as a Title II telecommunications service? Private interest groups favoring heavy regulation of the Internet say "no." Here, I construct such a counterfactual based...

I conduct an event study on the proposed $26.5 billion merger between Sprint and T-Mobile. Positive and statistically significant stock price effects are observed for the merging firms in response to credible rumors of the transaction, but large and negative returns are observed after the...

Federal Communications Commission Chairman Tom Wheeler conceded that reclassification of broadband service as a heavy-regulated Title II service involved a trade-off between investment and openness. Yet, private interests groups argue investment has not been deterred, pointing to capital...

A STATA program is provided that generates random values around a central location based on Latitude and Longitude. As an illustration, I generate 1,000 random Latitude-Longitude pairs within a five-mile radius around Birmingham, Alabama. A map is provided illustrating the output. This is a...

Net Neutrality advocates claim that the rate of increase in average connection speeds following the the Federal Communications Commission's 2015 Open Internet Order is a valid test of the wisdom of Title II reclassification of broadband internet service. Using data on average connections speeds,...

In 2015, the Federal Communications Commission changed the definition of broadband internet service to a Title II service, a move strongly opposed by the regulated firms. Here, I apply statistical tests to telecommunications investment data to determine whether the reductions in capital spending...