The Debate Over Network Management:
An Economic Perspective

Wednesday, April 2nd, 2008 

High speed internet service providers are coming under increasing scrutiny because of their business practices in managing the terms of use of their networks. One key issue is whether they should be allowed to charge content providers for a higher quality of service to support certain applications like video games. A related issue is whether network managers should have the discretion to exclude or degrade specific applications used by customers to improve network performance. These issues arise not only in wireline networks, such as DSL and cable, but also in wireless networks, such as those used to support smart phones. The Federal Communications Commission has released a policy statement promoting open access to the Internet. The policy makes an exception for “reasonable” network management but does not define what is meant by reasonable. Speakers at this conference will examine the economic costs and benefits of imposing regulatory constraints on the management of high speed internet networks. 


AGENDA

Wednesday, April 2nd, 2008 
9:00 a.m. – 1:45 p.m.
Wohlstetter Conference Center, Twelfth Floor, AEI
1150 Seventeenth Street, N.W., Washington, D.C. 20036

8:45 A.M. Registration and Continental Breakfast
9:00 Welcome
ROBERT HAHN, Reg-Markets Center
PANEL I:  Management of Wireline Networks
Panelists:
ROBERT CRANDALL, Brookings Institution
NICHOLAS ECONOMIDES, New York University
JONATHAN NUECHTERLEIN, WilmerHale
JON PEHA, Carnegie Mellon University
10:45 PANEL II:  Management of Wireless Networks
Panelists:
MICHAEL CALABRESE, New America Foundation
HAL SINGER, Criterion Economics
CHRISTOPHER YOO, University of Pennsylvania
Moderator:
HAROLD FURCHTGOTT-ROTH, Furchtgott-Roth Enterprises
12:00 P.M. Luncheon
Keynote Speaker:
THOMAS HAZLETT, George Mason University
1:45 Adjournment


For more information, please contact Molly Wells at 202.862.5903 or
[email protected]



Biographies


Michael Calabrese is vice president of the New America Foundation and director of its Wireless Future Program, as well as a codirector of the Next Social Contract Initiative. Mr. Calabrese directs the Spectrum Policy Program, codirects the Retirement Security Program, and helps guide the foundation’s work to reform and expand our nation’s health care coverage. Previously, Mr. Calabrese served as director of domestic policy programs at the Center for National Policy, as general counsel of the Congressional Joint Economic Committee, and as pension and employee benefits counsel at the national AFL-CIO. An attorney, Mr. Calabrese speaks and writes frequently on issues related to fiscal policy, retirement security, health coverage, and labor markets. He has coauthored three books and published opinion articles in the New York Times, the Washington Post, and The Atlantic Monthly. Mr. Calabrese is currently completing a book that advocates universal asset-building accounts to expand pension coverage and human capital investment among lower-income workers.


Robert W. Crandall is a senior fellow at the Brookings Institution, where he has worked since 1978, and a member of AEI’s Reg-Markets Center’s advisory board. Mr. Crandall was the deputy director of the Council on Wage and Price Stability during the Ford and Carter administrations. He is also a former faculty member at the Massachusetts Institute of Technology and the George Washington University. He has been a consultant to the Environmental Protection Agency, the Antitrust Division of the Federal Trade Commission, and the Treasury Department. His interests include industrial organization, antitrust policy, regulation, the auto industry, competitiveness, deregulation, and environmental policy. He has published widely, and his articles have appeared in Regulation, the Journal of Economic Perspectives, and the American Economic Review.


Nicholas Economides is a professor of economics at the Stern School of Business at New York University and a visiting professor at the Haas School of Business at the University of California, Berkeley. He has previously taught at Columbia University (1981–88) and Stanford University (1988–90). Mr. Economides is a regular speaker at conferences around the world on emerging strategic issues facing telecommunications and financial services executives and their industries. He is widely quoted in printed and broadcast mass media. He has published extensively in the areas of networks, telecommunications, oligopoly, antitrust, and product positioning and on liquidity and the organization of financial markets and exchanges. His research on the economics of networks and its application to telecommunications, computers, and financial service markets has been published in journals including the American Economic Review, the International Journal of Industrial Organization, the Journal of Industrial Economics, the Journal of Law and Economics, the Journal of Finance, and the Quarterly Journal of Electronic Commerce.


Harold Furchtgott-Roth founded Furchtgott-Roth Economic Enterprises in 2003. He frequently consults on issues related to the communications sector of the economy. From 2001 to 2003, Mr. Furchtgott-Roth was a visiting fellow at AEI, where he completed the writing of A Tough Act to Follow (AEI Press, 2006), a book about the difficulties of implementing the Telecommunications Act of 1996. From 1997 through 2001, Mr. Furchtgott-Roth served as a commissioner of the Federal Communications Commission (FCC). In that capacity, he served on the FCC’s Federal-State Joint Board on Universal Service. He is one of the few economists to have served as a federal regulatory commissioner and the only one to have served on the FCC. Before his appointment to the FCC, he was chief economist for the House Committee on Commerce and a principal staff member on the Telecommunications Act of 1996. He is the coauthor of three books: Cable TV: Regulation or Competition, with R. W. Crandall (Brookings Institution Press, 1996); Economics of a Disaster: The Exxon Valdez Oil Spill, with B. M. Owen et al. (Quorum Books, 1995); and International Trade in Computer Software, with S. E. Siwek (Quorum Books, 1993).


Robert Hahn is a senior fellow at AEI and founder and executive director of AEI’s Reg-Markets Center, which continues the AEI-Brookings Joint Center’s mission of examining cutting-edge issues in law, economics, regulation, and antitrust. Previously, he worked for the Council of Economic Advisers and served on the faculties of Harvard University and Carnegie Mellon University. He frequently contributes to leading scholarly journals and general-interest periodicals, including the American Economic Review, the Yale Law Journal, Science, and the New York Times. Mr. Hahn is the author of Reviving Regulatory Reform: A Global Perspective (AEI Press, 2000) and several other books. In addition, Mr. Hahn is cofounder of the Community Preparatory School, an inner-city middle school in Providence, R.I., that provides opportunities for disadvantaged youth to achieve their full potential.


Thomas W. Hazlett is a professor of law and economics and serves as director of the Information Economy Project at the National Center for Technology and Law at the George Mason University School of Law. He is also a columnist for the New Technology Policy Forum hosted by the Financial Times. Mr. Hazlett previously held faculty appointments at the University of California, Davis; Columbia University; and the Wharton School. From 1991 to 1992, he served as chief economist of the Federal Communications Commission. Mr. Hazlett has published widely in academic and popular journals on the economics of the information sector. He has provided expert testimony to federal and state courts, regulatory agencies, committees of Congress, foreign governments, and international organizations. He coauthored a book with Matthew L. Spitzer entitled Public Policy toward Cable Television (MIT Press, 1997).


Jonathan E. Nuechterlein is a partner in Wilmer Cutler Pickering Hale and Dorr’s regulatory and government affairs and litigation and controversy departments. He is also a member of the antitrust and competition, appellate and Supreme Court litigation, and communications practice groups. He joined the firm in 2001. Mr. Nuechterlein’s practice focuses on appellate litigation and competition issues, particularly those arising under federal telecommunications law. Mr. Nuechterlein has represented clients in the Supreme Court and the federal courts of appeals on a broad range of issues. He has also represented major telecommunications clients before the Federal Communications Commission (FCC) in connection with the IP services market, federalism issues, net neutrality, broadband deployment, and intercarrier compensation. From January 2000 until early 2001, Mr. Nuechterlein served as deputy general counsel of the FCC, where he oversaw litigation arising from the Telecommunications Act of 1996. He is the author, with Phil Weiser, of Digital Crossroads: American Telecommunications Policy in the Internet Age (MIT Press, 2005), which comprehensively analyzes the law and economics of competition in the U.S. telecommunications industry.


Jon Peha is a professor of engineering and public policy and electrical and computer engineering in Carnegie Mellon’s Department of Engineering and Public Policy. Mr. Peha’s research addresses policy issues related to computing and telecommunications networks. Mr. Peha also does research on integrated-services networks, which simultaneously carry voice, video, and computer traffic. This technology blurs the distinction between telephone networks, cable TV, and the Internet, which face radically different regulation. The resulting services, prices, and industry structure depend on the complex interplay between technology and policy. His research also addresses telecommunications issues in developing countries, like serving rural and low-income areas.


Hal J. Singer is president of Criterion Economics. His economic areas of expertise are antitrust, industrial organization, and damages. He has applied these skills to several industries, including health care, insurance, the Internet, pharmaceuticals, telecommunications, transportation, and video programming. He has worked as an economist for the Securities and Exchange Commission and the Army Corps of Engineers, and he has taught microeconomics and international trade at the undergraduate level. He is coauthor of the book Broadband in Europe: How Brussels Can Wire the Information Society (Springer, 2005), with Dan Maldoom, Richard Marsden, and J. Gregory Sidak. Mr. Singer has published scholarly articles in several economics and legal journals, including the American Economic Review Papers and Proceedings, the Berkeley Technology Law Review, the Harvard Journal of Law and Technology, Regulation, and the Yale Journal on Regulation. In regulatory proceedings, he has presented economic testimony to the Federal Communications Commission, the Federal Trade Commission, and the Antitrust Division of the Department of Justice. He has served as a testifying expert in several litigation matters.


Christopher S. Yoo is a professor of law and communication at the University of Pennsylvania’s Law School. Before joining the Penn faculty in 2007, Mr. Yoo was a professor of law and the founding director of the Technology and Entertainment Law Program at Vanderbilt University. Prior to that, he clerked for Justice Anthony M. Kennedy of the Supreme Court and Judge A. Raymond Randolph of the U.S. Court of Appeals for the D.C. Circuit. Mr. Yoo has emerged as one of the nation’s leading authorities on law and technology. His research focuses primarily on how technological innovation and economic theories of imperfect competition are transforming the regulation of the Internet and other forms of electronic communications. He has been a leading voice in the debate over “network neutrality.” He has authored more the two dozen articles and book chapters, published in the law reviews of Columbia University, New York University, University of Pennsylvania, Cornell University, and Northwestern University, among others.