At the beginning of 2000, the U.S. economy was enjoying the longest period of sustained growth and economic prosperity in its history. According to The Internet Upheaval, part of the explanation for this phenomenon is a consequence of how information technologies, in particular the Internet, are...

Much has been written about the current trend toward privatization of public enterprises. Selling Public Enterprises is the first book, however, to use economic logic to develop a quantitative approach to making divestiture decisions. Using the standard tools of applied microeconomics, the...

Network utilities, such as electricity, telephones, and gas, are public utilities that require a fixed network to deliver their services. Because consumers have no choice of network, they risk exploitation by network owners. Once invested, however, a network's capital is sunk, and the bargaining...