Telecommunication Economics pp 89-90
Introduction to Economics and Governance of Future Networks
With the Internet evolution, and the development of next generation networks, there are natural questions about how the network will be managed and if/how public intervention will be made possible to improve its mode of functioning, as well as what will be or should be the business model representing the economic relations between all involved actors. Those issues are related to the so-called Internet governance, defined as the development of principle rules to shape the evolution and use of the Internet. Those questions arise especially because of the evolution from an academic to an interconnection of private networks and actors, and the emergence of new technologies that have to be fully deployed. The decentralized nature of the Internet of next generation networks in general, makes it also difficult to lead to a (socially) acceptable situation, with economic actors often trying to behave only towards what suits them the best.