Regulation, Institutions, and Commitment in Telecommunications: A Comparative Analysis of Five Country Studies
研究不同国家在电信监管中如何平衡规则稳定性和灵活应对变化的能力，基于制度禀赋差异将国家分为三类，分析其监管体系设计。
Within any system of utility regulation, there is a tension between the ability to commit to a stable set of rules and the ability to respond flexibly to changing circumstances. Countries differ in their institutional endowments and hence in the ways in which they can resolve this tension. A first group of countries can design regulatory systems that afford the regulator substantial formal discretion to respond to changing circumstances and can use process to restrain arbitrary action. A second group of countries can restrain arbitrary action only by calling on specific substantive rules and may have to sacrifice some flexibility to achieve credible commitment. A third group may lack the domestic institutions to put in place a credible and workable regulatory system of any kind.