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service-based competition where it leases access to the incumbent's infrastructure. We build a model in which the phase of … service-based competition allows the entrant to step into the market by progressively acquiring market experience. We show … that the acquisition of experience in the phase of service-based competition delays the entrant's investment when the …
Persistent link: https://www.econbiz.de/10010789241
that analyses bend to overvalue the impact of regulations on the cost-price margin in telecommunications for MENA countries …
Persistent link: https://www.econbiz.de/10010821305
This paper considers a model of two interconnected networks with different qualities. There are call externalities in the sense that consumers value calls they send and receive. Networks compete in two part tariffs. We show that call externalities create private incentives for each competitor to...
Persistent link: https://www.econbiz.de/10008792265
We propose a model of two-tier competition between vertically integrated firms and unintegrated downstream firms. We … welfare. We obtain that these partial foreclosure equilibria are more likely to exist when downstream competition is fierce …. We then use our model to assess the impact of several regulatory tools in the telecommunications industry. …
Persistent link: https://www.econbiz.de/10008794797
traffic. Despite their importance, economic models and competition structures for search engines are not widely understood …
Persistent link: https://www.econbiz.de/10008794805
This paper assesses the impact of French policies for residential space-heating energy consumption, both enacted (tax credits for the purchase of energy efficient durables, soft loans for retrofitting actions, stringent building codes) and anticipated (carbon tax, retrofitting obligation). It...
Persistent link: https://www.econbiz.de/10011026211
interval of values of the spillover parameter such that the relationship between competition and growth is an inverted-U-shape. …
Persistent link: https://www.econbiz.de/10010933868
is high, a single sender never discloses. Competition restores full disclosure only if some of the senders are … symmetric equilibria approach full disclosure as competition increases. …
Persistent link: https://www.econbiz.de/10009652974
This paper shows that dominant firms may wish to encourage competition in vertically-related markets. It shows that …
Persistent link: https://www.econbiz.de/10010535378
number of agents because competition reduces the agents' informational monopoly power. However, this environment also … tendency to choose more 'generous' (and more efficient) contract menus over time. We find that competition leads to a … substantially higher probability of trade, and that, overall, competition between agents generates the most efficient outcomes. …
Persistent link: https://www.econbiz.de/10009220690