Market-oriented open network provision

Charles B Blankart, and Gunter Knieps

1/01/2005
(Original Publish Date: 1995)

Network externalities and market power due to economies of scale and sunk costs may cause a public demand for standardization of network access. There is, however, no guarantee that public institutions supplying standardization are interested in correctly matching this demand. Often it comes to overstandardization. The authors argue therefore that standards for standard setters are required and they show how such standards could be designed.