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 ITU-T SG 3 – Tutorial Prof. Martin Cave, University of Warwick, Coventry, UK "Economics of Telecommunications"
 Geneva, Switzerland 19 January 2009 Contact: 
Within the Telecommunications Standardization Sector (ITU-T), Study Group 3 (SG3) responsible for studies relating to tariff and accounting principles for international telecommunication services. Within this framework, studies of related telecommunication economic and policy issues are also carried out and Professor Martin Cave, Director of the Centre for Management under Regulation, at the Warwick Business School, University of Warwick, Coventry, UK, will give this important tutorial. Prof. Cave’s current research interests are economic regulation of industry, especially the communications industry, and competition law and policy. Formerly, he has been Professor of Economics 1986-2001, and Vice Principal 1996-2001, Brunel University. Also Adviser to OFTEL, CAA and Postcomm, and Member of the Competition Commission. He has over 100 publications in the field (including as co-author of the Handbook of Telecommunications Economics).

For more information, see:
This half-day tutorial will focus on the economic concepts that are important in telecommunications.

Its purpose would be to help participants to achieve a common level of understanding of those key concepts so as to facilitate discussions regarding specific areas for future work.
Topics to be covered
  • Sources of market failure in telecommunications
  • Policy responses for economic regulation
  • Instruments of social regulation

Information about ITU-T SG3 studies
Study Group 3 fosters collaboration among its members with a view to the establishment of rates at levels as low as possible consistent with an efficient service and taking into account the necessity for maintaining independent financial administration of telecommunication on a sound basis.

Studies are carried out on a four-year cycle and the next cycle will start in January 2008. The objectives of the studies are to understand issues and, if possible, to develop ITU-T Recommendations related to the issues.

During the recent years SG3 has considered topics such as mobile termination rates and network externalities.

Meetings are typically attended by about 150 people from about 50 countries.
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