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...

By any measure, the communication sector is important. It is no surprise, then, that the communication sector has attracted the attention of both policy-makers and economists. In this paper, we argue that four characteristics of the networks that deliver communication services make this area of...

We distinguish between local problems of biodiversity loss and <italic>global</italic> ones, where international cooperation is required. Global biodiversity regulation involves choosing the optimal stopping rule regarding global land conversions, in order to ensure that some areas of unconverted natural...