The Economics of Telecommunication Services: An Engineering Perspective

This textbook provides an engineering perspective on the economics of telecommunication services, focusing on network topology, pricing models, regulation, and game theory. It bridges the gap between economics and telecommunication engineering and is suitable for students and practitioners.

Format: Paperback / softback
Length: 192 pages
Publication date: 27 September 2021
Publisher: Springer Nature Switzerland AG

This comprehensive textbook delves into the intricate economics of telecommunication services, offering a unique engineering perspective. The authors skillfully unveil the fundamental forces shaping the industry, employing a graph theoretic lens to characterize diverse networks, including random, small-world, and scale-free structures. By seamlessly linking the topology of telecommunication networks with circuit and packet-switched architectures, they elucidate the relationship between throughput and various performance metrics. Moreover, the book proposes a novel pricing model, grounded in the cost of displaced opportunity rather than the mere expenses incurred by network components. This innovative approach recognizes the potential revenue that the network could have generated by delivering a service optimally with the same resources.

Furthermore, the textbook addresses crucial topics such as regulation in legacy networks and the concept of net neutrality. It also introduces the application of game theory in a multi-vendor, multi-services competitive marketplace, fostering a deeper understanding of complex pricing dynamics. With its broad scope and rigorous analysis, this book serves as a valuable resource for advanced undergraduate and graduate students studying telecommunication engineering, as well as researchers and practitioners in the field. By bridging the gap between economic theory and telecommunication engineering practice, it empowers readers to excel in the ever-evolving telecommunication industry.

Weight: 332g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030338671
Edition number: 1st ed. 2020