In this paper, we estimate the own- and cross-price elasticities and income elasticity of various fixed and mobile telephone services using monthly time series data. We estimate expenditure share of various telecommunications services such as local, toll, LM (Land to Mobile), Mobile Voice and...

This study is aimed at examining the quantitative size, effects, efficiency, and global status of Korea's Internet economy, and discussing market measures to maximize the benefits of Internet economy. The share of Internet economy in Korea is about 5.94% of GDP, and Korea was ranked among top...

Our work differs from the earlier work in several ways. First, we adopt the Shapley value as a bargaining solutions concept. It is well-known that the Shapley value, rather than the Nash bargaining solution, is more appropriate when partial coalitions are possible — for example, a coalition...

I derive Ramsey optimal prices in one-way access of long-distance operators and enhanced service providers to local loops. As long-distance services and enhanced services become substitutes due to the advance of Internet telephony, the Ramsey principle requires higher access charges assessed on...

I derive Ramsey optimal prices in one-way access of long-distance operators and enhanced service providers to local loops. As long-distance services and enhanced services become substitutes due to the advance of Internet telephony, the Ramsey principle requires higher access charges assessed on...