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Interconnection rates are a key variable in telecommunications markets. Every call that is placed must be terminated by … subject to regulation in many countries. This paper examines the impact of regulatory intervention to cut termination rates of … customers with pre-paid cards, where regulation also acts as impediment to “raise-each-other’s-cost” collusive strategies that …
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diversity of telecommunications innovation increased. Total patenting by US inventors related to telecommunications increased by …
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Unfavorable news are often delivered under the disguise of vagueness. Our theory-driven laboratory experiment investigates this strategic use of vagueness in voluntary disclosure and asks whether there is scope for policy to improve information transmission. We find that vagueness is profitably...
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We study a game in which two firms compete in quality to serve a market consisting of consumers with different initial consideration sets. If both firms invest below a certain threshold, they only compete for those consumers already aware of their existence. Above this threshold, a firm is...
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This report provides an overview on the economics of attention intermediaries. It addresses the following questions: What are the economics of attention intermediaries? For competition policy, how should markets be defined and market power of attention intermediaries be assessed? What theories...
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