The Economics of Telecommunication Services: An Engineering Perspective (Textbooks in Telecommunication Engineering)

This textbook characterizes the economics of telecommunication networks from a technology perspective. The authors bring out the fundamental drivers of the industry and characterize networks from a graph theoretic perspective, including properties of random, small world, and scale free networks. The authors relate the topology of a telecommunication network using circuit and packet switched architectures to delivering traffic with varying characteristics. They address topics such as the need for regulation in competitive market and net neutrality. Finally, the book proposes the application of game theory in a multi-vendor, multi-services competitive marketplace. The book aims to bridge the gap between the science of economics as practiced by economists and practice of pricing from a telecommunication engineer’s perspective. This book is directed at senior undergraduate or graduate students of telecommunications engineering or researchers and practitioners in telecommunications engineering.