The proliferation of new information technologies throughout the world has raised some important questions for policymakers as to how developing countries can benefit from their diffusion. This important volume compares the advantages and disadvantages of the IT revolution through detailed...

The proliferation of new information technologies throughout the world has raised some important questions for policymakers as to how developing countries can benefit from their diffusion. This important volume compares the advantages and disadvantages of the IT revolution through detailed...

The proliferation of new information technologies throughout the world has raised some important questions for policymakers as to how developing countries can benefit from their diffusion. This important volume compares the advantages and disadvantages of the IT revolution through detailed...

This paper deals with the problem of pricing in decreasing cost industries that exhibit the peak load phenomenon. Because of decreasing costs, welfare maximizing marginal cost pricing results in deficits. Consequently, other pricing methods such as two-part tariffs are necessary, if deficits are...