Telecommunications Pricing: Theory and Practice - Brossura

Mitchell, Bridger

Brossura

ISBN 10: 0521426782 ISBN 13: 9780521426787

Casa editrice: Cambridge University Press, 2010

Riassunto

The past decade has witnessed a surge of pricing innovations in the U.S. telecommunications industry. This book systematically reviews recent innovations in the economic theory of pricing and extends results to the conditions which characterise telecommunications markets. The implementation of normative pricing theory is examined in selected US telephone tariffs, providing a rich and diverse data base and laboratory for examining the practical consequences of pricing innovations. The authors develop and illuminate the relationships between the normative economic theory of pricing - with its objectives of social welfare, economic efficiency, and fairness - and telecommunications pricing as it is practised by business and regulators. The general theoretical pricing principles and lessons of US pricing experience discussed are directly applicable to telecommunications services in other countries, and to numerous other industries including electricity, gas, rail and air transport, and postal services, as well as economists studying the economic theory of pricing.

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Recensione

"...an excellent survey of the theoretical literature on optimal pricing of utilities (with their own applications to telecommunications) coupled with a very up to date and fascinating discussion of actual pricing policies by local exchange and interexchange carriers. It is an excellent addition to previous books on regulation, but is particularly useful to those who want an overview of the current state of telecommunications economics." Journal of Economic Literature

Descrizione del libro

This book systematically reviews recent innovations in the economic theory of pricing and extends results to the conditions which characterise telecommunications markets.

Su questa edizione

• Editore: Cambridge University Press
• Data di pubblicazione: 2010
• ISBN 10: 0521426782
• ISBN 13: 9780521426787
• Rilegatura: Copertina flessibile
• Numero di pagine: 328