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Telecommunication Policy for the Information Age : From Monopoly to Competition - Gerald W. Brock

Telecommunication Policy for the Information Age

From Monopoly to Competition

Paperback

Published: 1st September 1998
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Gerald Brock develops a new theory of decentralized public decisionmaking and uses it to clarify the dramatic changes that have transformed the telecommunication industry from a heavily regulated monopoly to a set of market-oriented firms. He demonstrates how the decentralized decisionmaking process--whose apparent element of chaos has so often invited criticism--has actually made the United States a world leader in reforming telecommunication policy.

I am aware of no work that treats the history of telephone regulation in the United States with such care, at such length, or so evenhandedly. Further, the book is not merely history but economic history, in the sense that the economic incentives giving rise to the behavior described are carefully explored, as are the economic consequences of each policy development. -- Bruce M. Owen Journal of Economic Literature

Introduction
Positive Results of the Decentralized Process
Potential Benefits of a Decentralized Policy Process
Plan of the Book Perspectives on the Policy Process
Blackstone versus Bentham
Landis versus Stigler
Information Economics and Transaction Costs
Preferences and Principles A Model of the Decentralized Policy Process
The Coordination of Decentralized Public Policy and of Scientific Research
The Structure of the Decentralized Policy Model
Examples of the Decentralized Policy Model Institutions of Telecommunication Policy
The Communications Act of 1934
The Structure of the FCC
Non-FCC Policy Institutions Economic Characteristics of the Telecommunication Industry
The Development of Telephone Monopoly
Regulation and the Sharing of Toll Revenue
The 1956 Consent Decree
Interconnection and the Network Externality the Development of Competition Competition in Terminal Equipment
Hush-A-Phone
Carterfone
Protective Connecting Arrangements
Opposition to Terminal Competition
Computer II and Detariffing Initial Long Distance Competition
Bulk Private Service: "Above 890"
MCI Initial Application
Specialized Common Carrier Competition Interconnection and Long Distance Competition
The Private Line Interconnection Controversy
AT&T's Rate Response to Private Line Competition
Execunet and Switched Services Competition
Interconnection Charges: ENFIA
Competition under the ENFIA Agreement Structural Boundaries The Divestiture
The Consumer Communications Reform Act
The Antitrust Suit
The Reagan Administration'sPerspectives
The Divestiture Agreement
Implementing the Divestiture Access Charges: A Confusing Ten Billion Dollar Game
The First Plan: Pre-Divestiture Agreement
The 1982 Access Plan
Separations Reform and High-Cost Subsidy The Implementation of Access Charges
Congressional Influence on Access Charges
Initial Switched Access Charge
Managed Competition for Political Perceptions
Completion of the Access Charge Plan Alternatives to the Divestiture Model The Dismantling of Structural Separation
The Third Computer Inquiry
The DOJ and the MFJ Information Services Restriction
Judge Greene and the Information Services Restriction Competition in Local Service
Network Issues with Local Competition
Local Competition and Interconnection Price Caps and Regulatory Boundaries
The First Plan: Bridge to Deregulation
The Revised Plan: Better Regulation
Political Issues in the AT&T Price Cap Plan
The LEC Price Cap Plan Conclusion
The Evolution of Telecommunication Policy
Fact Perceptions Incorporated into Policy
Policy Goals
Notes
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780674873261
ISBN-10: 0674873262
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 336
Published: 1st September 1998
Publisher: Harvard University Press
Dimensions (cm): 23.5 x 15.5  x 1.8
Weight (kg): 0.41