Telecommunications Pricing by Bridger M. Mitchell, Ingo Vogel... - 9780521416672

Telecommunications PricingTheory and Practice\nAuthor(s): Bridger M. Mitchell, Ingo Vogelsang\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521416672, 978-0521416672\nSynopsis\nThe past decade has witnessed a surge of pricing innovations in the [url] 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. .