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Telecommunications Pricing

Name: Telecommunications Pricing
Brand: Cambridge University Press
SKU: 02030160
Price: 53574 HUF
Availability: InStock
Author: Bridger M. MitchellIngo Vogelsang
ISBN: 9780521416672

Theory and Practice

Bridger M. MitchellIngo Vogelsang

Language

English

Book Hardback

Libristo code: 02030160

Publishers Cambridge University Press, November 1991

The past decade has witnessed a surge of pricing innovations in the U.S. telecommunications industry... Full description

Libristo code: 02030160

357 b

53 574 Ft

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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.