Showing 1 - 10 of 62
Central features of today's electronic communications markets are complementarities between the different layers of the value chain, substitutability between some applications, network effects in the provision of content and services, two-sided business models that partly involve indirect...
Persistent link: https://www.econbiz.de/10011095350
, investments increase off-net traffic from the investor’s network but also from competitors’ networks. Regulation changes the … functions. Testing for a common regulation-investment effect provides evidence that the negative investment externality is not … due to regulation. …
Persistent link: https://www.econbiz.de/10008500714
In the advent of postal market liberalization in several European countries we expect that the incumbent operators anticipate entry by competitors who are not required to offer universal service, i.e. coverage of the entire country and uniform pricing. The market for postal service exhibits...
Persistent link: https://www.econbiz.de/10005097679
market regulation have motivated this quality improvement. In particular we show that this rise in quality is only profitable …
Persistent link: https://www.econbiz.de/10005097892
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a … repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject …, i.e. cross-market, country-specific and company-specific regulation. While standard event study approaches are a special …
Persistent link: https://www.econbiz.de/10008756427
By means of an event study of stock market reactions to the announcement of the Olympic Games host cities, we find a significant and positive announcement effect of hosting the Summer Games, with a cumulative abnormal return of about 2% within a few days. We do not find any significant results...
Persistent link: https://www.econbiz.de/10005098178
We survey the literature on the link of labour market related outcomes to individ-ual physical activity and sports participation. The first part of the survey is devoted to the individual participation decision and is based on papers from various disciplines. The sec-ond part summarises parts of...
Persistent link: https://www.econbiz.de/10010961629
Ownership unbundling and third party access are discussed as two options of unbundling in both the literature and political discussions. Focusing on the South American electricity sector, I contrast static and dynamic impacts of ownership unbundling and third party access regimes on customer...
Persistent link: https://www.econbiz.de/10010957589
The German response to the Fukushima nuclear power plant incident was possibly the most significant change of policy towards nuclear power outside Japan, leading to a sudden and very significant shift in the underlying power generation structure in Germany. This provides a very useful natural...
Persistent link: https://www.econbiz.de/10010957645
Although the future socio-economic benefits of a new fibre-based ('next generation access', NGA) telecommunications infrastructure seem to be uncontroversial, a universal NGA coverage appears to be a rather unrealistic objective without government intervention. We contend, however, that the...
Persistent link: https://www.econbiz.de/10010957680