Networks in Telecommunications
Cambridge University Press, 13/08/2009
EAN 9780521673860, ISBN10: 0521673860
Paperback, 510 pages, 25.3 x 21.5 x 2.7 cm
Networks in Telecommunications addresses fundamental issues in discussions of regulatory policy by offering an integrated framework for understanding the economics and law of networks. It extends theories on network design associated with the mathematics of graph theory, which provides insights into the complex, systemic interrelationship between network components. It also applies the principles of transaction cost economics to analyze decisions about the appropriate boundaries of proprietary network architecture. The book introduces network theory to the study of the economics and law of telecommunications. The discussion opens up the black box of the cost function in telecommunications. The analysis also goes beyond the 'network externalities' approach that focuses primarily on the size of networks. The book highlights the effects of network architecture and the tradeoffs inherent in network design.
'Setting the terms and conditions at which competitors gain access to another firm's network is today's key regulatory issue in many sectors. The authors' technically innovative approach and their deep grasp of market economics present a major challenge to current thinking, which has to be confronted.' Martin Cave, Director, Centre for Management under Regulation, University of Warwick