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Telecommunications Act of 1996, with a focus on the implications of irreversible investment. Although the goal is to promote competition …
Persistent link: https://www.econbiz.de/10012468396
Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary …
Persistent link: https://www.econbiz.de/10012472551
We study the trade-offs faced by Internet Service Providers (ISPs) that serve as platforms through which consumers access both television and internet services. As online streaming video improves, these providers may respond by attempting to steer consumers away from streaming video toward their...
Persistent link: https://www.econbiz.de/10012481667
This paper develops and simulates a dynamic model of strategic telecom competition. The goal is to understand how … regulatory policy, particularly relative to lease charges for local network elements, affects telecom competition, investment … allow CLECs to lease their local network facilities was established in the Telecommunications Act of 1996 as part of a quid …
Persistent link: https://www.econbiz.de/10012468211
government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation …We study how political factors shape competition in the mobile telecommunication sector. We show that the way a … competition. Government intervention has large redistributive effects: U.S. consumers would gain $65bn a year if U.S. mobile …
Persistent link: https://www.econbiz.de/10012455639
control regulation and evaluate the impact of transition from regulation to competition. To provide a sharp contrast between … the difficulties of the traditional approach to regulation and the benefits of introducing competition, we focus on the …. In this paper, we review the evolution of business regulation in Hong Kong, analyze the salient features of its scheme of …
Persistent link: https://www.econbiz.de/10012472483
In a multiperiod investment framework, firms with high expected growth earn higher expected returns than firms with low expected growth, holding investment and expected profitability constant. This paper forms cross-sectional growth forecasts, and constructs an expected growth factor that yields...
Persistent link: https://www.econbiz.de/10012453011
The regulation of telecommunications, railroads, and other network industries has been based on mandatory unbundling … voice telecommunications in the U.S …
Persistent link: https://www.econbiz.de/10012467460
The "net neutrality" principle has triggered a heated debate and advocates have proposed policy interventions. In this paper, we provide perspective by framing issues in terms of the positive economic factors at work. We stress the incentives of market participants, and highlight the economic...
Persistent link: https://www.econbiz.de/10012456723
policies reduced broadband access and competition in states with restrictions compared to states without restrictions leading …
Persistent link: https://www.econbiz.de/10014512111