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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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.
"...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
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Etat : New. This text reviews recent innovations in the economic theory of pricing and extends results to the conditions which characterize telecommunications markets. The implementation of normative pricing theory is also examined in selected US telephone tariffs. Num Pages: 328 pages, tables, line drawings. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 22. Weight in Grams: 650. . 1992. hardcover. . . . . N° de réf. du vendeur V9780521416672
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Hardcover. Etat : new. Hardcover. The past decade has seen 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 that characterize telecommunications markets. The authors develop and illuminate the normative theory of pricing--with its objectives of social welfare, economic efficiency and fairness--and compare it with the practice of business and regulators. This book systematically reviews recent innovations in the economic theory of pricing and extends results to the conditions which characterise telecommunications markets. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. N° de réf. du vendeur 9780521416672
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Gebunden. Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book systematically reviews recent innovations in the economic theory of pricing and extends results to the conditions which characterise telecommunications markets.InhaltsverzeichnisList of figures List of tables Acknowledgme. N° de réf. du vendeur 446934757
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Etat : New. This text reviews recent innovations in the economic theory of pricing and extends results to the conditions which characterize telecommunications markets. The implementation of normative pricing theory is also examined in selected US telephone tariffs. Num Pages: 328 pages, tables, line drawings. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 22. Weight in Grams: 650. . 1992. hardcover. . . . . Books ship from the US and Ireland. N° de réf. du vendeur V9780521416672
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