LIRNEasia is celebrating its 10th anniversary.
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Tag Archives: externalities

LIRNEasia@10 - LIRNEasia is celebrating its 10 year anniversary. Check out our timeline of events

Ronald Coase, 1910-2013

The man who introduced the concept of transaction costs, proposed a solution on dealing with problems of externalities and was one of the first to propose applying market solutions to spectrum allocation is no more. I first read his work on spectrum, since one of my teachers, Dallas Smythe, was a vociferous opponent. Then I […]

Positive externalities of telecom: Enabling innovation

I’ve written about this earlier, but a more fleshed out argument is in my LBO column. The story was about an award. But what I noticed was the role of telephones in the story. The award winning innovation is not just one new thing; it is a collection of process improvements. Critical elements involve phones […]

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