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Atlanta, GA | Posted: June 12, 2009
Summary Sentence:
Economics Professor Awarded Best Paper
Full Summary:
Before a gathering of more than 400 economists and industrial organization practitioners, a paper co-authored by School of Economics Assistant Professor Byung-Cheol Kim was awarded the first annual Public Utility Research Prize for the Best Paper in Regulatory Economics.
Before a gathering of more than 400 economists and industrial organization practitioners, a paper co-authored by School of Economics Assistant Professor Byung-Cheol Kim was awarded the first annual Public Utility Research Prize for the Best Paper in Regulatory Economics.
The $2,500 prize was given by the Industrial Organization Society at its annual conference held at Northeastern University in Boston April 3-5. Kim's paper Net Neutrality and Investment Incentives (with Jay Pil Choi, Professor at Michigan State) "analyzes the effects of net neutrality regulation on investment incentives for Internet service providers (ISPs) and content providers (CPs), and their implications for social welfare."
Net neutrality means that all the packets of information sent through the Internet by CPs are treated equally by ISPs, rather than a fee-based approach. Kim's paper was recognized for its important implications for regulatory policy, and also the Internet industry and users who must be eventually be affected by changes in current laws about net neutrality.
