Showing 1 - 10 of 114
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and … liberalization in the telecommunications sector. Building on the framework of a generalized private interest theory, we derive …
Persistent link: https://www.econbiz.de/10005504478
This Paper studies scoring auctions, a procedure commonly used to buy differentiated products: suppliers submit offers on all dimensions of the good (price, level of non monetary attributes), and these are evaluated using a scoring rule. We provide a systematic analysis of equilibrium behaviour...
Persistent link: https://www.econbiz.de/10005497976
changes in the UK auction market for art that is subject to the Droit de Suite (DDS), relative to changes for art not subject … to the DDS, and also relative to changes in the auction markets for art in countries where there has been no change in … impact on the UK art auction market. …
Persistent link: https://www.econbiz.de/10005662156
. For any number of objects and bidders, both the pure bundling auction and separate, efficient auctions for the single … objects are revenue-inferior to an auction that involves mixed bundling. …
Persistent link: https://www.econbiz.de/10005667050
This paper considers price determination by monopolistic sellers who know the distribution of valuations among the potential buyers. We derive a novel condition under which the optimal price set by the monopolist is unique. In many settings, this condition is easy to interpret, and it is valid...
Persistent link: https://www.econbiz.de/10005789129
This Paper deals with collective decision making within a group of independent jurisdictions. The right to choose the public policy is delegated from the central authority of one of the jurisdictions through a bidding procedure among the group members. We identify the following trade-off:...
Persistent link: https://www.econbiz.de/10005661614
In February 2008, British Telecommunications (BT) introduced automatically renewing, or ‘rollover’, contracts into the …. This raises significant concerns about the competitive effects of such contracts in media and telecommunications markets. …
Persistent link: https://www.econbiz.de/10009385761
This paper presents results from a calibrated welfare model of the UK mobile telephony market which includes many mobile networks; calls to and from the fixed network; networkbased price discrimination; and call externalities. The analysis focuses on the short-run effects of adopting lower...
Persistent link: https://www.econbiz.de/10008468563
. Relative-performance maximisation may have been important, but the outcome of the British auction seems to have been efficient … Auctions’ European Economic Review 2002 and at www.paulklemperer.org and ‘The Biggest Auction Ever: the Sale of the British 3G …
Persistent link: https://www.econbiz.de/10005123523
assesses whether the general principles need to be adapted when dealing with the telecommunications services industry. The …
Persistent link: https://www.econbiz.de/10005124009