Designing Incentive Regulation for the Telecommunications Industry
What are the main challenges of computational molecular biology once the genome projects are completed? Integrative Approaches to Molecular Biology focuses on molecular biology beyond sequences: from gene regulation to differentiation, a higher-level integration that will be a major theme in biology following conclusion of the genome program. It charts the course of the emerging discipline of integrative molecular biology from macromolecular sequences to a biological (and theoretical) perspective, showing that novel integrative methodologies and paradigms are emerging at the confluence of such disciplines as computer science, logic, linguistics, and mathematics. Following an introductory chapter by Richard Lewontin that offers a critique of the evolutionary process as one of engineering design, the first part of the book, on computational biology, addresses issues concerning protein and DNA sequences within genome projects and a federated infrastructure for databases. The second part brings together experimental, evolutionary, computational, and theoretical approaches dealing with regulation of gene expression, metabolic pathways, and cell differentiation. The book concludes with a chapter on problems and perspectives on artificial intelligence.
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Introduction and Overview
Todays Telecommunications Industry
A Review of Existing Regulatory Plans
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access charges access prices achieve asymmetric regulation AT&T basic local service benefits bypass chapter companies competitive entry competitors consumers cost reduction cream skimming customers deregulation designed discussion divestiture earnings sharing earnings-sharing plans ECON ECPR effects of incentive employed FCC's financial rewards firm's earnings gains implemented incentive plan incentive regulation plans increase incremental incumbent firm interexchange interexchange carriers intraLATA toll investment IXCs Jean Tirole Jean-Jacques Laffont limited long-distance prices long-distance service marginal cost MCI Communications myth operating costs options particularly percent performance measures pitfall potential price cap plan price cap regulation pricing flexibility production costs productivity offset profit pure price cap rate-of-return regulation RBOC entry RBOC's RBOCs realized earnings reduce regu regulated firm regulatory goals regulatory plan regulatory policy regulatory regime relative residential revenue service quality service rates social structure supplier supra note switched access target telecommunications industry tion tive U S West