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89 About the Authors Martin Cave is professor at Warwick Business School, Warwick University. He has written extensively on regulation of the telecommunications industry, especially in Europe. He is coauthor, with Robert Baldwin, of Understanding Regulation (Oxford University Press, 1999). He has advised the U.K. Office of Telecommunications (OFTEL) for many years and is a member of the U.K. Competition Commission. Robert W. Crandall is senior fellow in the Economic Studies program at the Brookings Institution. His current research focuses on regulatory policy in the telecommunications sector, with emphasis on competition in voice, broadband, and wireless services . He is coauthor, with Leonard Waverman, of Who Pays for Universal Service? When Telephone Subsidies Become Transparent (Brookings, 2000); and coauthor, with Leonard Waverman, of Talk Is Cheap: The Promise of Regulatory Reform in North American Telecommunications (Brookings,1996). Before assuming his current position at Brookings, he was acting director, deputy director, and assistant director of the Council on Wage and Price Stability. Thomas W. Hazlett is a resident scholar at the American Enterprise Institute for Public Policy Research. From 1984 to 2000 he was a professor at the University of California, Davis, where he taught economics and finance and directed the Program on Telecommunications Policy. He has also been a visiting scholar at the Columbia University Graduate School of Business, and in 1991–92 he served as chief economist of the Federal Communications Commission. His research has appeared in the Journal of Financial Economics, the Journal of Law & Economics, and the Columbia Law Review. He is a frequent contributor to Barron’s, Forbes ASAP , and the Wall Street Journal. Luigi Prosperetti is professor of industrial economics at Università degli Studi, Milano. He studied at Università Bocconi (cum laude, 1976) and the LSE (M.Sc.; Ph.D. 1982). He has been involved in regulatory issues in various capacities over time: as a regulator (he was a member of the Italian Price Commission in 1991–93 and advised the Italian government on the creation of independent regulators); as a board member of a regulated company (AEM, the Milan energy utility); as a researcher and consultant to major companies and government. He writes frequently for 24 ORE, the Italian financial daily, and is currently working on a textbook on the theory and practice of regulation. 90 ABOUT THE AUTHORS [3.14.83.223] Project MUSE (2024-04-26 12:07 GMT) In response to growing concerns about the impact of regulation on consumers, business, and government , the American Enterprise Institute and the Brookings Institution established the AEI-Brookings Joint Center for Regulatory Studies. The primary purpose of the center is to hold lawmakers and regulators more accountable by providing thoughtful , objective analysis of existing regulatory programs and new regulatory proposals. The Joint Center builds on AEI’s and Brookings’s impressive body of work over the past three decades that evaluated the economic impact of regulation and offered constructive suggestions for implementing reforms to enhance productivity and consumer welfare. The views in Joint Center publications are those of the authors and do not necessarily reflect the views of the staff, council of academic advisers, or fellows. Kenneth J. Arrow Stanford University Paul L. Joskow Massachusetts Institute of Technology Gilbert S. Omenn University of Michigan Robert N. Stavins Harvard University Maureen L. Cropper University of Maryland and World Bank Rodney W. Nichols New York Academy of Sciences Peter Passell Milken Institute Cass R. Sunstein University of Chicago Philip K. Howard Covington & Burling Roger G. Noll Stanford University Richard Schmalensee Massachusetts Institute of Technology W. Kip Viscusi Harvard University Director Robert W. Hahn Codirector Robert E. Litan Fellows Robert W. Crandall Christopher C. DeMuth Randall W. Lutter Clifford M. Winston COUNCIL OF ACADEMIC ADVISERS ...

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