Information and communications technologies (ICTs) are developing fast and triggering fundamental changes in education system. This case study focuses on institution building, which can manage such a fundamental transition in education system on a national scale. Following a short introduction,...

Since 1995, four presidents have granted six traffic violation pardons in Korea, and 24.6 million individuals have been the beneficiaries of these pardons. The objective of this paper is to explore how costly traffic violation pardons are by finding out the effects of traffic violation pardons...

<italic>Abstract:</italic> The author derives the probability that price discrimination improves social welfare, using a simple model of third-degree price discrimination assuming two independent linear demands. The probability that price discrimination raises social welfare increases as the preferences or...

Mobile communications markets worldwide, today, are saturated, the number of mobile network operators (MNOs) in market is declining, mobile revenues are stagnant or falling, MNOs are becoming wireless Internet service providers, and economies of scope are strengthening. This paper challenges...

This paper argues that "Do auctions raise consumer prices?" is a misleading question. License fee payment methods, rather than spectrum assignment methods, are key factors that bring forth different market outcomes in the wireless telecommunication industry. This paper analyzes and discusses the...

This paper proposes a new estimation method of total cost and average cost curves and applies it to the telecommunications industry. The method is more flexible and entails less hassle for data collection than traditional methods. The results show that the long-run average cost (LRAC) curve is...