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Flashcards in Week 2 Deck (8)
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1
Q

Packet Switching

A
  • think of it as ripping an envelope into pieces, sending the pieces down a chute, and reassembling the pieces at the other end
  • more efficient
2
Q

If packet switching is so efficient, why bother with circuit switching?

A

Latency and Jitter

Mostly disruptive in a phone conversation

3
Q

Latency

A

Perceptible delays

4
Q

Jitter

A

Variability in delays

5
Q

Rate of return regulation

A

Telephone companies are allowed to charge rates that cover expenses and provide a reasonable return on their investment.

6
Q

What is the incentive with a price cap approach?

A

Incentive lies in cutting costs to increase profit margins

But that means we need quality requirements.

7
Q

Telecommunications Act of 96

A

Pro competition, de-regulatory

The rise of the internet renders it arbitrary

Main objectives

  • eliminating economic barriers to entry in local telecoms markets
  • eliminating regulatory barriers to entry in local telecoms markets
  • universal return
  • no wall between local and long distance
8
Q

Network Externality

A

Competing systems that are not connected systems appropriate value of customers through exclusion.