Economic experiments and neutrality in internet access
By: Shane Greenstein
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 13158; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 13158.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] /
Description: "Economic experiments yield lessons to firms that can be acquired only through market experience.  Economic experiments cannot take place in a laboratory; scientists, engineers, or marketing executives cannot distill equivalent lessons from simply building a prototype or interviewing potential customers and vendors.  The historical record illustrates that economic experiments were important for value creation in Internet access markets.  In general, industry-wide returns from economic experiments exceed private returns, with several important exceptions.  Those conclusions motivate an inquiry into whether regulatory policy can play a role in fostering the creation of value.  The net neutrality debate is reinterpreted through this lens.  A three part test is proposed for encouraging economic experiments from both broadband carriers and providers of complementary services"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 7/26/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.