Regulating Networks in the New Economy
AbstractThe regulation of network industries has undergone profound transformation in the past twenty years. The regulated industry is no longer the same, being exposed to new competitive dynamics having revolutionized their industrial framework, technology and interactions with users. There also have been fundamental changes in what regulation is feasible. In an “information society” a model devised in the 19th century to set prices for monopoly infrastructures such as bridges, roads and railways no longer captures the essential: the interactive dynamics created by technologies, uses, and markets.
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Bibliographic InfoArticle provided by Università di Perugia in its journal Review of Economics and Institutions.
Volume (Year): 3 (2012)
Issue (Month): 1 ()
regulatory economics; network industries; utilities regulation; information society;
Other versions of this item:
- Jean-Michel Glachant, 2009. "Regulating Networks in the New Economy," RSCAS Working Papers 2009/05, European University Institute.
- Jean-Michel Glachant, 2009. "Regulating Networks in the New Economy," EUI-RSCAS Working Papers 5, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
- L97 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Utilities: General
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