The Economics of the Internet

Outline and main points:

Outline and main points (cont’d):

Hype and reality:

Slide 5

Basic telecom statistics:

Volume and value only weakly related:

Price discrimination, cross-subsidies,
and regulation:

Price discrimination incentives:

A depressing litany of duds among major recent networking research initiatives:

Slide 11

Slide 12

Telecom vs. transportation:
Which precedents will prevail?

 Long-haul is not where the action is:

Slide 15

Evolution of telecom hobbled by several misconceptions:

Behavioral economics important:

Conclusions

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