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...

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...

In this paper we examine methods of broadband measurement, with particular emphasis on techniques for determining whether broadband availability and adoption are optimal. We identify four methods for assessing whether the existing level of investment is the most advantageous. These include tests...

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 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...

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 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...

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,...

Florida’s Lifeline program is part of a nationwide program to increase the availability of telecommunications services to low-income households by providing a credit to monthly recurring charges for local telephone service. In Florida, households can receive up to a $13.50 discount on their...