Showing 1 - 10 of 25
We study the tension between competitive screening and contract enforcement where a principal trades repeatedly with one among several agents, moral hazard and adverse selection coexist, and non-contractible dimensions are governed by relational contracting. We simultaneously characterize...
Persistent link: https://www.econbiz.de/10005082534
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
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
reform. The concept of a national telecommunications grid providing television and basic telephone services is questioned, as …
Persistent link: https://www.econbiz.de/10005666401
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
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
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
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
and political data to analyse both the determinants and the impact of telecommunications policies. We find that …
Persistent link: https://www.econbiz.de/10005792195
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