Showing 1 - 10 of 367
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
practitioners and economists, taking the existing regulatory environment as fixed. Based on the degree of existing regulation (full …
Persistent link: https://www.econbiz.de/10005497999
This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show …
Persistent link: https://www.econbiz.de/10005661431
This paper contrasts direct election with political appointment of regulators. When regulators are appointed, regulatory policy becomes bundled with other policy issues for which the appointing politicians are responsible. Since regulatory issues are not salient for most voters, regulatory...
Persistent link: https://www.econbiz.de/10005662098
In this paper, we discuss the choice for build-operate-and-transfer (BOT) concessions when governments and managers do not share the same information regarding the operation characteristics of a facility. We show that larger shadow costs of public funds and larger information asymmetries entice...
Persistent link: https://www.econbiz.de/10008921773
The purpose of this article is to investigate the prospects for entry into an existing network in the telecommunication industry, and how public policy may promote a more competitive outcome. We apply a model that captures the fact that the incumbent has an installed base of loyal consumers,...
Persistent link: https://www.econbiz.de/10005792516
Market definition for antitrust purposes is by now firmly rooted in economic analysis both in the US and the EU, even if the approaches are slightly different. This Paper examines the theoretical basis for the legal definitions and assesses whether the general principles need to be adapted when...
Persistent link: https://www.econbiz.de/10005124009
We analyze the impact of mandatory access on the infrastructure investments of two competing communications networks … regulation if the follower’s private incentives are dominated by business-stealing. Here access holidays can improve welfare by …
Persistent link: https://www.econbiz.de/10005497926
existing access regulation is based on a single essential network. We show that continued asymmetric access regulation of one … network does not control sufficiently for market power and benefits the unregulated network, and that symmetric regulation … would lead to higher consumer surplus. Furthermore, the whole setup of access regulation may not be viable in the long run …
Persistent link: https://www.econbiz.de/10009024485
Mobile phone networks' practice of charging higher prices for off-net than for on-net calls has been pinpointed as the source of two competition problems: underprovision of calls and permanent disadvantages for small networks. We consider these allegations and four different remedies: limiting...
Persistent link: https://www.econbiz.de/10005114399