Designing Incentive Regulation for the Telecommunications Industry

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American Enterprise Institute, 1996 - 388 pages
The American Enterprise Institute's Studies in Telecommunications Deregulation present new research on telecommunications policy, with particular emphasis on reforms of federal and state regulatory policies that will advance rather than inhibit innovation and consumer welfare.
AEI has commissioned more than twenty-five distinguished experts in law, economics, and engineering to write monographs on regulatory issues in telephony, cable television, broadcasting, information services, and other communications technologies.
The monographs are written and edited to be immediately useful to legislators, jurists, and public officials at all levels of government - as well as to business executives and consumers, who must live with these policies. As such, the monographs will also find a place in courses on regulated industries and communications policy in economics and communications departments and in business, law, and public policy schools.
 

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Contents

Introduction and Overview I
1
Todays Telecommunications Industry
15
The Monolithic Industry Structure Before Divestiture
27
The Industry Structure at Divestiture
41
Pricing in the Telecommunications Industry
47
Incentive Regulation and Competition
54
The Present State of Competition
60
Summary and Conclusion
68
Fostering Regulatory Commitment Powers
179
Competition Regulation and Deregulation
201
RBOC Entry Into InterLATA LongDistance Markets
251
Pitfalls in Measuring the Effects
273
Incentive Regulation
291
Conclusion
331
Glossary
345
References
355

Regulatory Goals and Resources
99
Selecting Performance Criteria
121
Designing Options in Incentive Regulation Plans
155

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About the author (1996)

David E. M. Sappington is the Lanzillotti-McKethan Eminent Scholar in the Department of Economics at the University of Florida.

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