Incentive regulation has become widespread in telecommunications. By assessing the strengths and weaknesses of plans that are currently in place, this study uncovers the central principles that underlie sound and effective incentive regulation. Under conditions of rapid change and great uncertainty, incentive regulation, which encourages a company toward goals but allows it some discretion in reaching those goals, should work better than rate of return regulation, which estimates a company's costs and then limits the amount of return the firm can earn. Given the uncertainty that exists in telecommunications today about consumer demand and the nature of production technology, it is no surprise that regulatory commissions have recently implemented a variety of incentive regulations. Sappington and Weisman review the current conditions of the telecommunications industry and explore the merits of providing regulated firms with options in incentive regulation plans. They describe the difficulties regulators face in dealing with incomplete information about companies' activities, in establishing credibility, and in avoiding the dangers of asymmteric regulation (where regulation imposed on new entrants differs from rules for established companies). They close by analyzing competition in long-distance telephone services as it pertains to incentive regulation and by reviewing recent empirial studies.

Product Description: Chimamanda Ngozi adichie, autora ganadora del premio Orange con su novella " Medio Sol Amarillo", vuelve al territorio de ;la ficcion con este volume de cuentos, "Algo Alrededor de tu Cuello...

Re-creates the 1960s struggle of Biafra to establish an independent republic in Nigeria, following the intertwined lives of the characters through a military coup, the Biafran secession, and the resulting civil war.

Product Description: Medio sol amarillo recrea un período de la historia contemporánea de África: la lucha de Biafra por conseguir una republica independiente de Nigeria, y la consecuente guerra civil que segó la vida de miles de personas. Con gran empatía y la naturalidad de una narradora comprometida, Chimamanda Ngozi Adichie recrea la vida ...read more

Product Description: La sorprendente primera novela de Chimamanda Ngozi Adichie, ganadora del Commonwealth Writers' Prize como Best First Book. Una conmovedora historia sobre una virulenta relación familiar ambientada en un África de conflictos políticos y sociales...read more

Growing up in a wealthy Nigerian home under the domain of a harsh, demanding, and tyrannical father, Kambili and her brother, Jaja, find new happiness during a visit to their Aunty Ifeoma outside the city, but as Kambili enjoys her newfound freedom and falls in love for the first time, the country begins to fall apart under a military coup. A first novel. Reader's Guide available. Reprint. 30,000 first printing.