A Goal Programming/Constrained Regression Review of the Bell System Breakup.

Abstract

The recently implemented U.S. court decision to break up Bell (=American Telephone & Telegraph Co.) to accord with U.S. anti-trust laws is also proving to be influential in other countries. Econometric studies commissioned by the Anti-Trust Division of the U.S. Justice Department used flexible functional forms to demonstrate that the evidence failed to show that Bell was a natural monopoly. This same evidence is reviewed via goal programming/constrained regression models to reach an exactly opposite conclusion. The two approaches are compared and shortcomings and deficiencies in the econometric modeling, statistics and statistical (optimization) principles utilized in Bell System studies are examined in detail. Additional keywords: Cost models; Econometric models; Economic and statistical tests; Tables(data); Operations research. (Author)

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Document Details

Document Type
Technical Report
Publication Date
May 01, 1985
Accession Number
ADA159839

Entities

People

  • Abraham Charnes
  • T. Sueyoshi
  • William W. Cooper

Organizations

  • University of Texas at Austin

Tags

Communities of Interest

  • Biomedical

DTIC Thesaurus Topics

  • Business Administration
  • Computer Programming
  • Data Science
  • Economic Analysis
  • Economics
  • Efficiency
  • Goal Programming
  • Information Science
  • Linear Programming
  • New York
  • Numerical Analysis
  • Operations Research
  • Optimization
  • Production
  • Statistical Analysis
  • Statistical Tests
  • Statistics

Readers

  • Aerospace Test and Evaluation
  • Computational Modeling and Simulation
  • Industrial Economics