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The Economics of the Internet: Infrastructure and Regulation

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  • Martin Cave
  • Robin Mason

Abstract

The purpose of this article is to inform users, regulators, and economists about the basic economics of the Internet, focusing on regulation of its infrastructure. It defines the Internet and describes its development and organization. It analyses the regulatory and competition issues associated with conveyance on the Internet. It then discusses three current puzzles of economic interest. While the article reaches several conclusions, the overall message is that much more work is needed in this area. Copyright 2001, Oxford University Press.

Suggested Citation

  • Martin Cave & Robin Mason, 2001. "The Economics of the Internet: Infrastructure and Regulation," Oxford Review of Economic Policy, Oxford University Press, vol. 17(2), pages 188-201, Summer.
  • Handle: RePEc:oup:oxford:v:17:y:2001:i:2:p:188-201
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    References listed on IDEAS

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    1. Fishlow, Albert, 1985. "Lessons from the past: capital markets during the 19th century and the interwar period," International Organization, Cambridge University Press, vol. 39(03), pages 383-439, June.
    2. Peter Temin, 1991. "Lessons from the Great Depression," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262700441, January.
    3. Reinhart, Carmen & Calvo, Guillermo & Leiderman, Leonardo, 1992. "Capital Inflows and Real Exchange Rate Appreciation in Latin America," MPRA Paper 13843, University Library of Munich, Germany.
    4. David Vines, 2003. "John maynard keynes 1937-1946: the creation of international macroeconomics," Economic Journal, Royal Economic Society, vol. 113(488), pages 338-361, June.
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    Cited by:

    1. christoph Engel, 2005. "Voice over IP. Competition Policy and Regulation," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2005_26, Max Planck Institute for Research on Collective Goods.
    2. Foros, Oystein & Jarle Kind, Hans & Yngve Sand, Jan, 2005. "Do internet incumbents choose low interconnection quality?," Information Economics and Policy, Elsevier, vol. 17(2), pages 149-164, March.
    3. Alfredo Garcia & Barry Horowitz, 2007. "The potential for underinvestment in internet security: implications for regulatory policy," Journal of Regulatory Economics, Springer, vol. 31(1), pages 37-55, February.
    4. Nina Czernich & Oliver Falck & Thomas Kiessl & Tobias Kretschmer, 2008. "Regulierung in Telekommunikationsmärkten : technologische Dynamik und Wettbewerbspotenziale," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 32.
    5. Foros, Oystein, 2004. "Strategic investments with spillovers, vertical integration and foreclosure in the broadband access market," International Journal of Industrial Organization, Elsevier, vol. 22(1), pages 1-24, January.

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