We consider how government-owned enterprises affect privately owned rivals. Specifically, we compare the types of markets that municipally owned telecommunications providers in the United States serve to the types of markets that competitive local exchange carriers (CLECs) serve. We find that...

We consider a possible determinant of regulatory decisions by public utility commissioners: the desire to remain in office. We examine regulatory exit, where a regulator leaves a commission during a term or is not re-appointed/re-elected. With data from US states, we empirically investigate...

We analyze how resource constraints and market structure interact in network industries to impact innovation. This issue has arisen recently in the United States where AT&T proposed to acquire T-Mobile's U.S. assets at least in part to obtain T-Mobile's radio spectrum, which AT&T says it needs...

There is general concern that producer subsidies distort competition. We examine a telecommunications subsidy system that transfers money from low cost regions to high cost regions of the U.S. Even though the system is designed to be competitively neutral, we find evidence that the system,...

We present the findings of economic research regarding the issues surrounding net neutrality and regulation of the internet under Title II of the Communications Act. Our purpose here is to review what has been demonstrated in the economics literature rather than to advocate particular decisions...

We analyze the effects of networks offering and charging for premium transmission service, which is central to the net neutrality debate. We find that when a network provider optimally charges for and provides premium transmission for content providers, innovation is stimulated on the edges of...

We model how individuals and firms adapt beliefs, heuristics, mental frameworks and norms to changed circumstances. Adaptation competes with other work for limited mental resources. We apply our model to firms experiencing a technology shock. It is optimal for some firms to disband rather than...

We consider the effect of government-owned telecommunications providers on privately owned rivals by comparing the presence of private telecommunications services providers alongside municipal competitors in the US telecommunications industry from 1999 through 2002. Our primary finding is that...

This paper describes MLR in utility markets, explains how globalization drives MLR, and describes how MLR in turn causes firms to become even more global, as each firm strives to enter into markets further and further removed from its traditional markets. It first describes the industry...