Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary …

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 …

take advantage of recent developments in the analysis of entry and competition among differentiated firms. They test and …' incentives to differentiate their services should shape the policy debate for competitive local telecommunications …

This paper tests how competition in local U.S. banking markets affects the market structure of non-financial sectors …. Theory offers competing hypotheses about how competition ought to influence firm entry and access to bank credit by mature …

demand and the dynamic interaction between the two in the context of the U.S. telecommunications industry over an extended … on the cost structure, employment and capital formation of the telecommunications industry in the U.S …

which the U.S. firm receives a pre-announced subsidy if the market share target is met leads to increased aggregate output …

incumbent manufacturer transfer profits to retailers. If entry is accommodated, upstream competition leads to fierce down …- stream competition and the breakdown of RPM. Hence, via RPM, retailers internalize the effect of accommodating entry on the … effect of a retailer cartel. We also consider the effect of imperfect competition. Empirical and policy implications are …