Showing 1 - 10 of 153
effect on broadband penetration, compared to those areas where the loops are not unbundled. LLU entry instead has a strongly … technology (cable) which is not subject to regulation, and what we discover is that inter-platform competition has a positive …
Persistent link: https://www.econbiz.de/10011083592
market with horizontal product differentiation when choosing its level of roll-out. The endogenous extent of entry influences … downstream retail prices; Bertrand or local monopoly pricing or a mixed strategy equilibrium may emerge. Importantly, entry may …
Persistent link: https://www.econbiz.de/10005124418
This paper examines the effects of a competitive fringe on a regulated firm. Using Hart's (1983) model, we show that competition weakens the managerial incentives for cost reduction: when there is correlation between the cost levels of the firms in the industry, costs are higher in the regulated...
Persistent link: https://www.econbiz.de/10005067523
This paper studies the optimal regulatory policy in a market where entry may occur. The regulator regulates the … incumbent, but not the entrant in the event of entry. We show that the effect of entry on prices and incentives for cost … outcome following entry is less competitive than it would be without the possibility to commit: price is higher and incentives …
Persistent link: https://www.econbiz.de/10005067561
This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show …
Persistent link: https://www.econbiz.de/10005661431
The health care professions in Europe have been subject to substantial entry and conduct regulation. Most notably … competition through geographic entry restrictions. We develop an entry model to study the direct impact of the regulations on the … representative for many other countries with geographic entry restrictions. We find that the entry decisions of pharmacies and …
Persistent link: https://www.econbiz.de/10005662356
exogenous variation in regulation generated by the interaction of reform and its institutional determinants, we find a … substantial positive effect of deregulation on net entry and small business employment and no effect on pollution and public … health. The results support public choice theory of the nature of regulation and are inconsistent with the predictions of …
Persistent link: https://www.econbiz.de/10005667109
We propose a methodology for estimating the competition effects from entry when firms sell differentiated products. We … first derive precise conditions under which Bresnahan and Reiss' entry threshold ratios (ETRs) can be used to test for the … presence and to measure the magnitude of competition effects. We then show how to augment the traditional entry model with a …
Persistent link: https://www.econbiz.de/10009003374
-returns-to-scale technologies. When providers adopt a not-for-profit mission, the absence of a residual claimant can impede entry, pro- tecting the … core costs can have a non-neutral effect on entry, technology adoption, and industry performance. …
Persistent link: https://www.econbiz.de/10009367421
Understanding the development of chainstores is important given the large GDP share of services and the continuing importance of chains in bringing these services to market. Service chains provide a puzzle because they take a long time to develop even when there are obvious expansion...
Persistent link: https://www.econbiz.de/10009246609