Networks in Telecommunications addresses fundamental issues in
discussions of regulatory policy by offering an integrated
framework for understanding the economics and law of networks. It
extends theories on network design associated with the mathematics
of graph theory, which provides insights into the complex, systemic
interrelationship between network components. It also applies the
principles of transaction cost economics to analyze decisions about
the appropriate boundaries of proprietary network architecture. The
book introduces network theory to the study of the economics and
law of telecommunications. The discussion opens up the black box of
the cost function in telecommunications. The analysis also goes
beyond the 'network externalities' approach that focuses primarily
on the size of networks. The book highlights the effects of network
architecture and the tradeoffs inherent in network design.
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