The Year in Economics at the FCC: A National Plan for Broadband

The Year in Economics at the FCC: A National Plan for Broadband The past year in economics at the Federal Communications Commission (FCC) has focused on encouraging the adoption and deployment of high capacity Internet access and the associated networks, commonly termed “broadband.” Our article sketches important economic themes in the FCC’s National Broadband Plan to show how the application of basic principles of regulatory economics takes account of rapid technological change. We discuss natural monopoly regulation, externalities and cross-subsidies, network effects and interconnection, the allocation of scarce inputs, protecting and fostering competitive markets, and consumer protection and transparency as they apply to the development of broadband. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

The Year in Economics at the FCC: A National Plan for Broadband

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Publisher
Springer US
Copyright
Copyright © 2010 by Springer Science+Business Media, LLC (outside the USA)
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1007/s11151-010-9269-1
Publisher site
See Article on Publisher Site

Abstract

The past year in economics at the Federal Communications Commission (FCC) has focused on encouraging the adoption and deployment of high capacity Internet access and the associated networks, commonly termed “broadband.” Our article sketches important economic themes in the FCC’s National Broadband Plan to show how the application of basic principles of regulatory economics takes account of rapid technological change. We discuss natural monopoly regulation, externalities and cross-subsidies, network effects and interconnection, the allocation of scarce inputs, protecting and fostering competitive markets, and consumer protection and transparency as they apply to the development of broadband.

Journal

Review of Industrial OrganizationSpringer Journals

Published: Nov 11, 2010

References

  • Government-assisted oligopoly coordination? A concrete case
    Albæk, S.; Møllgaard, P.; Overgaard, P. B.

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