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An important issue in economics is how market structure affects prices. While the standard view is that competition … access, with or without competition from a digital subscriber line provider, and using education dispersion as a proxy for …, competition reduces prices. As education dispersion increases, the negative effect of competition on prices diminishes; and when …
Persistent link: https://www.econbiz.de/10005622708
carriers), and we point to the real danger that the intent of Congress in passing the 1996 Act to promote competition in …
Persistent link: https://www.econbiz.de/10005622742
This paper empirically investigates the effect of international simple resale (ISR) authorization on the prices for international message telephone service (IMTS). We compile a firm-level panel data set for over 200 United States-foreign country bilateral markets from 1995 to 2004. These data...
Persistent link: https://www.econbiz.de/10008459704
The purpose of the current work is to investigate how country-level and region-specific characteristics influence the adoption of a major financial telecommunication innovation and standard (SWIFT) in the banking sector. Using annual data on the diffusion and usage intensity of SWIFT between...
Persistent link: https://www.econbiz.de/10010905453
supply, and counterfactual simulations show that this effect is greater than the effects of within-platform competition and …
Persistent link: https://www.econbiz.de/10010905456
as substitutes. This, in turn, intensifies the competition among providers, generating greater surplus for consumers. A …
Persistent link: https://www.econbiz.de/10010905461
suggest simple extensions to the case of imperfect competition in insurance provision and college admissions. …
Persistent link: https://www.econbiz.de/10010905462
We estimate a dynamic oligopoly entry game in the early U.S. local telephone market. We observe the identities of potential entrants into local markets and therefore the waiting time of each potential entrant before it commits actual entry. To capture the feature of the data, we allow firms to...
Persistent link: https://www.econbiz.de/10010905477
In many industries, consumers rely on recommendations by an intermediary when choosing between competing products. In this paper, we look at how the existence of contracts between firms and intermediaries affects the quality of the advice received by consumers, and firms' incentives to invest in...
Persistent link: https://www.econbiz.de/10010930538
Online applications and services automate communications and transactions between firms and consumers, promising large efficiency gains. However, consumers have been slow to use these online technologies intensively, despite widespread adoption of the internet. Customers frequently undergo a...
Persistent link: https://www.econbiz.de/10005459403