Review of Industrial Organization 13: 609–612, 1998. Book Review Cambridge, MA and Washington, DC: MIT Press and AEI Press, 1997, 185 pages, $35.00. David Waterman and Andrew Weiss’s recent book is the eighth in the American Enterprise Institutes’s studies in telecommunications deregulation. It shares much with its predecessors. It is intended to guide uninitiated policymakers through the current understanding of rather arcane regulatory problems. It frames the issues well, distilling the relevant economic theory to concepts amenable to laymen, and providing them with factual information and empirical analyses that bear on the issue. Its authors are well versed in the issues, having published in the area and provided expert advice to the legal or regulatory arena. In addition to commending the authors for providing high caliber analyses of a current policy issue, I think the series editors, Greg Sidak and Paul MacAvoy, are to be commended for producing a series that can only enhance the quality of policy decisions. The primary goal of this volume is to examine the effects of integration by cable TV operators, such as TCI, Time-Warner Cable, and Cox Communication, into the production of cable TV networks, such as Cable News Network (CNN), Arts &
Review of Industrial Organization – Springer Journals
Published: Oct 6, 2004
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