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The Economics of Self-regulation in telecommunications under sunset legislation

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Author Info
Andreas Freytag () (University of Jena, Faculty of Economics)
Klaus Winkler

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Abstract

Overregulation is one major obstacles to the free and innovative development of markets, even if these markets needed regulation after the privatization of a former monopolist. As a radical change of the regulatory regime could endanger it as a whole, the objective is to find a transitory regime which is limiting regulatory errors. One way is combining the regulatory instruments of sunset- regulation and self-regulation. We discuss conditions for successful self-regulation under sunset legislation. We conclude that a fast moving market such as the telecommunications sector should be subject to such an innovative regulatory regime.

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Paper provided by Friedrich-Schiller-Universität Jena, Wirtschaftswissenschaftliche Fakultät in its series Jenaer Schriften zur Wirtschaftswissenschaft with number 17/2004.

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Date of creation: Jul 2004
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Handle: RePEc:jen:jenasw:2004-17

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Find related papers by JEL classification:
L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Andreas Freytag, 2004. "EMU Enlargement: Which Concept of Convergence to Apply?," Jenaer Schriften zur Wirtschaftswissenschaft 11/2004, Friedrich-Schiller-Universität Jena, Wirtschaftswissenschaftliche Fakultät. [Downloadable!]
  2. Uwe Cantner & Werner Gueth & Andreas Nicklisch & Torsten Weiland, 2003. "Competition in Innovation and Imitation - A Theoretical and Experimental Study -," Papers on Strategic Interaction 2004-02, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
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  3. Stefanadis, Christodoulos, 2003. "Self-Regulation, Innovation, and the Financial Industry," Journal of Regulatory Economics, Springer, vol. 23(1), pages 5-25, January. [Downloadable!] (restricted)
  4. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring. [Downloadable!] (restricted)
  5. Günter Knieps, 2004. "Privatisation of Network Industries in Germany: A Disaggregated Approach," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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