New telecommunications services : Network externalities and critical mass
Network externalities -- the requirement that there be a group of subscribers if communications are to occur -- play a central role in the demand for new networks. And as telecommunications evolve, new networks have increasingly taken attention. In an effort to describe the demand for new networks, this paper investigates the critical mass phenomena that characterize network externalities. The experience to date with the Minitel information service in France serves as an informal empirical check on conclusions. With this base, the paper then draws implications for the domain appropriate to regulation and for universal service pricing under liberalization. It concludes with a speculation about the role of mixed economy, illustrated by the construction of Japanese universal service.
Year of publication: |
1988
|
---|---|
Authors: | Allen, David |
Published in: |
Telecommunications Policy. - Elsevier, ISSN 0308-5961. - Vol. 12.1988, 3, p. 257-271
|
Publisher: |
Elsevier |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
The economics of modern business
Reekie, W. Duncan, (1991)
-
A Capital Adequacy Buffer Model
Allen, David, (2013)
-
Recent Developments in Financial Economics and Econometrics: An Overview
Chang, Chia-Lin, (2013)
- More ...