Why Internet Protocols Need Incentives

Abstract

Internet routers are a commons. While modest regulatory measures have generally been successful for Information Communication Technologies (ICT), this paper argues that the lack of regulation has hindered the technological evolution of the Internet in some areas. This issue is examined through five Internet problems, and the technological solutions adopted. The key contribution of this paper is the explanation of these issues and the identification of areas where misaligned incentives promote inadequate solutions or inaction. The paper reviews the available measures to encourage the adoption of globally beneficial Internet technologies.