With telecommunications in a slump, the search is on for ways to re-invigorate this key industry. The main problems are clearly economic much more than technological, and many of the proposed remedies would lead to new architectures for the Internet that would provide for greater control by carriers. They would drastically reduce the role of the end-to-end principle, the main foundation for the success of the Internet, in which functionality resides at the edges of the network. In communications, the general trend has been towards decreasing price discrimination and simpler pricing. The history of transportation presents a different picture. It is conceivable that telecommunications might break with its historical record and follow the example of transportation. It is therefore of interest to examine the evolution of pricing and quality differentiation in transportation. |