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3 Cards in this Set

  • Front
  • Back
  • 3rd side (hint)

Background behind theories

  • used to explain + understand driving forces
  • when operating an Internet service provision (ISP) in a competitive environment
  • guide us in research, explain, understand in a sector

explain + understand


guide


understand



Game theory

  • formal study of decision-making
  • players must make choices - affect interests of other players
  • theory of social situations - psychologists
  • players interact, make coalitions, even threaten each other - take actions
  • receive benefit or monetary loss
  • players - individuals, orgs - dependent on one another

players must make choices


interact


benefit

Normative theory

  • regulation ought to be introduced when there is market failure
  • better regulation = better service
  • i.e. proper modems provide to all internet providers
  • not one dominant market

regulation


market failure


dominant market