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Barros, Pedro Luis Pita; Martinez-Giralt, Xavier - C.E.P.R. Discussion Papers - 2009

This paper addresses the impact of payment systems on the rate of technology adoption. We present a model where technological shift is driven by demand uncertainty, increased patients' benefit, financial variables, and the reimbursement system to providers. Two payment systems are studied: cost...

Persistent link: https://www.econbiz.de/10008558590

The Microstructure of the Euro Money Market

Hartmann, Philipp; Manna, Michele; Manzanares, Andres - C.E.P.R. Discussion Papers - 2001

This Paper provides the first empirical examination of the microstructure of the euro money market, using tick data from brokers located in six countries. Special emphasis is put on the institutional environment (monetary policy decisions and their implementation, payment systems and private...

Persistent link: https://www.econbiz.de/10005123983

Efficient Pricing of Large Value Interbank Payment Systems

Holthausen, Cornelia; Rochet, Jean-Charles - C.E.P.R. Discussion Papers - 2003

This Paper studies the efficient pricing of large-value payment systems in the presence of unobservable heterogeneity across banks. It is shown that the optimal pricing scheme for a public monopoly system involves quantity discounts in the form of a decreasing marginal fee. This is also true...

Persistent link: https://www.econbiz.de/10005497764

The Impact of 'Rollover' Contracts on Switching Costs in the UK Voice Market: Evidence from Disaggregate Customer Billing Data

Crawford, Gregory S; Tosini, Nicola; Waehrer, Keith - C.E.P.R. Discussion Papers - 2011

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

How (Not) to Run Auctions: The European 3G Telecom Auctions

Klemperer, Paul - C.E.P.R. Discussion Papers - 2002

There were enormous differences in the revenues from the European ‘third generation’ (3G, or ‘MTS’) mobile-phone license auctions, from 20 Euros per capita in Switzerland to 650 Euros per capita in the UK, though the values of the licences sold were similar. Poor auction designs in some...

Persistent link: https://www.econbiz.de/10005662052

Cable and Satellite - The Market for Programmes

Veljanovski, Cento G - C.E.P.R. Discussion Papers - 1987

reform. The concept of a national telecommunications grid providing television and basic telephone services is questioned, as …

Persistent link: https://www.econbiz.de/10005666401

Computing Abuse Related Damages in the Case of New Entry: An Illustration for the Directory Enquiry Services Market

Martinez Granado, Maite; Siotis, Georges - C.E.P.R. Discussion Papers - 2006

A number of European countries, among which the UK and Spain, have opened up their Directory Enquiry Services (DQs) market to competition. In Spain, both local and foreign firms challenged the incumbent as of April 2003. The latter abused its dominant position by providing an inferior quality...

Persistent link: https://www.econbiz.de/10005666507

Platform Competition in Telecommunications

Church, Jeffrey; Gandal, Neil - C.E.P.R. Discussion Papers - 2004

In this Paper we consider the economics of platform competition in telecommunications. Platform competition occurs when … different, sometimes incompatible, technologies compete to provide telecommunications services to end-users. Battles between … competing technologies have been an important feature of telecommunications in the last twenty or so years. Examples of platform …

Persistent link: https://www.econbiz.de/10005666797

The Impact of Mobile Phone Diffusion on the Fixed-Link Network

Barros, Pedro Luis Pita; Cadima, Nuno - C.E.P.R. Discussion Papers - 2000

There is currently little knowledge on the consequences of diffusion of cellular technology on the incumbent fixed-link telephony service. We address this issue by estimation of diffusion curves for both technologies, allowing for potential cross-effects, using data from a small European...

Persistent link: https://www.econbiz.de/10005666813

Strategic Pricing and Entry under Universal Service and Cross-Market Price Constraints

Anton, James J; Weide, James H Vander; Vettas, Nikolaos - C.E.P.R. Discussion Papers - 1998

motivating example is the 1996 Act in the United States which opens telecommunications markets to competition and contains a …

Persistent link: https://www.econbiz.de/10005792026