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We analyze demand for prepaid cellular voice and short message service (SMS) in South Africa by means of a demand … highly, they are as much as twice more elastic than off-peak communications. In relative terms, demand for communications … during peak hours is more elastic for urban than for rural consumers, while the reverse can be said about demand for off …
Persistent link: https://www.econbiz.de/10005114282
estimating demand systems for alcohol and tobacco and subsequently calculating cross-price effects. However, this traditional …
Persistent link: https://www.econbiz.de/10005656259
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
I suggest explanations for the apparently puzzling bidding in the year 2000 British and German 3G telecom auctions. Relative-performance maximisation may have been important, but the outcome of the British auction seems to have been efficient. This paper bundles my comments on two papers...
Persistent link: https://www.econbiz.de/10005123523
assesses whether the general principles need to be adapted when dealing with the telecommunications services industry. The … are needed. First, careful consideration should be given not only to demand substitutabilities, but also to the … competitive interaction with all potential suppliers. Second, demand complementarities and the economies of joint production …
Persistent link: https://www.econbiz.de/10005124009
Economic theory is often abused in practical policy-making. There is frequently excessive focus on sophisticated theory at the expense of elementary theory; too much economic knowledge can sometimes be a dangerous thing. Too little attention is paid to the wider economic context, and to the...
Persistent link: https://www.econbiz.de/10005498003
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … liberalization in the telecommunications sector. Building on the framework of a generalized private interest theory, we derive … telecommunications sector. We pay particular attention to how the effects of interest groups on policies vary from more democratic to …
Persistent link: https://www.econbiz.de/10005504478
The most important issues in auction design are the traditional concerns of competition policy-preventing collusive, predatory, and entry deterring behaviour. Ascending and uniform-price auctions are particularly vulnerable to these problems (we discuss radiospectrum and football TV-rights...
Persistent link: https://www.econbiz.de/10005114514
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