Allocative efficiency and diversification under price-cap regulation

Article Abstract:

A study reveals that the effect of price-cap (PC) regulation and modified price-cap (MPC) regulation on the allocative efficiency and diversification of core and non-core goods is largely affected by the nature of the core and non-core goods. Under PC regulation, a perfectly competitive non-core market is needed to achieve an efficient production of the core good. It can also be stated that under MPC regulation, a perfectly competitive non-core market results to core-market overproduction distortion. The study is particularly important in the regulation of the Baby Bells, which are entering the long-distance and cellular markets.

Administration of General Economic Programs, Price & Wage Controls, Industrial efficiency, Economic efficiency, Diversification in industry, Industrial diversification, Price control, Price regulations, Wage price policy

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Proactive price regulation for upgrading telecommunications infrastructure

Article Abstract:

A mathematical, proactive model has been developed in determining the desirable time for telecommunication firms to upgrade their network infrastructure. The proposed framework uses a static pricing policy to specify the the additional revenue a firm will be allowed after the infrastructure enhancements. Several parameters, including cost and demand considerations, must be carefully analyzed before an optimal timing is determined. Typically, network upgrading is beneficial if costs of initiating infrastructure development is low and demand for it is high.

Heavy Construction, Except Highway, Communications Construction, Power and Communication Transmission Line Construction, Models, Management, Infrastructure (Economics), Pricing, Telecommunications construction

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Technology, efficiency and sustainability of competition in the Indian telecommunications sector

Article Abstract:

Issues concerning a study of the Indian telecommunications industry are discussed. The impact of deregulation and technological advances on efficiency and greater competition are examined.

India

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