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The need for an access holiday to spur investment arises from the ex ante inability of regulators to commit to access prices that adequately reward investors for all relevant risks. A well designed access holiday can partially overcome the problem of regulatory commitment, and represents a...
Persistent link: https://www.econbiz.de/10010582204
This chapter surveys the economics literature on wireless communications. Wireless communications and the economic goods and services that utilise it have some special characteristics that have motivated specialised studies. First, wireless communications relies on a scarce resource rights for...
Persistent link: https://www.econbiz.de/10010861706