Telecommunications Policy

Have Regulators Dialed the Wrong Number?

Donald L. Alexander, Werner Sichel

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English

Praeger Publishers Inc
30 September 1997

Communication studies; Central government policies; Postal & telecommunications industries

In this timely collection of essays, leading economic and communication scholars examine major policy issues confronting federal and state regulators in the telecommunications industry. The essays describe how past regulatory decisions have contributed to a growing tension between emerging competition and the preservation of specific social objectives like the continuance of universal service, and thus provide a unique perspective on the current public policy debates. Although each author discusses a different policy issue, the common theme in this volume is the compelling argument that past regulatory decisions, which were often motivated by political compromises rather than sound economic analysis, are the primary source of inefficiency that exists in the telecommunications industry today.

This insight points to potential harm that legislators may create from ignoring economic forces when deregulating an industry. The Telecommunications Act of 1996 is an example in which deregulation has created more, not less, regulatory barriers affecting competitors. The authors challenge policy makers to consider no regulation to insure that competitive forces determine prices, quantities, and quality of service for the vast array of telecommunication services available in today's marketplace.

By: Donald L. Alexander
Foreword by: Werner Sichel
Imprint: Praeger Publishers Inc
Country of Publication: United States
Dimensions: Height: 234mm, Width: 156mm, Spine: 12mm
Weight: 438g
ISBN: 9780275958558
ISBN 10: 0275958558
Pages: 184
Publication Date: 30 September 1997
Recommended Age: From 7 to 17 years
Audience: College/higher education , Professional and scholarly , Professional & Vocational , A / AS level , Further / Higher Education
Format: Hardback
Publisher's Status: Active

DONALD L. ALEXANDER is Associate Professor of Economics at Western Michigan University and adjunct scholar with the Mackinac Center for Public Policy. His research and teaching interests are in the areas of industrial organization, antitrust economics, and the economics of regulation. He is the author of several journal articles.