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This paper addresses the impact on investment incentives of the network sharing arrangements mandated by the … prices reflecting what it would cost a new, efficient, large-scale network to be built. Such sharing opportunities are … extensive, covering virtually the entire suite of network services provided, and extremely flexible, as the entrant can rent …
Persistent link: https://www.econbiz.de/10013247857
The regulation of telecommunications, railroads, and other network industries has been based on mandatory unbundling …
Persistent link: https://www.econbiz.de/10013243961
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...
Persistent link: https://www.econbiz.de/10012999972
Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary … so that all public schools and libraries in the U.S. will receive subsidized service to the Internet. The cost of the … of the higher taxation of interstate telephone services to fund the Internet access discounts. I estimate the cost to the …
Persistent link: https://www.econbiz.de/10013248105
We correct and extend the results of Gans (2015) regarding the effects of net neutrality regulation on equilibrium …
Persistent link: https://www.econbiz.de/10012997888
government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation …
Persistent link: https://www.econbiz.de/10012965433
We examine the performance attributes of a merchant transmission investment framework that relies on market driven' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent set of assumptions, the merchant investment model...
Persistent link: https://www.econbiz.de/10013218795
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological … adoption of broadband internet in firms. Our results suggest that broadband internet improves (worsens) the labor outcomes and … internet. We find suggestive evidence that broadband adoption in firms complements skilled workers in executing nonroutine …
Persistent link: https://www.econbiz.de/10013030144
The innovations that became the foundation for the Internet originate from two eras that illustrate two distinct models …
Persistent link: https://www.econbiz.de/10013070006
political leanings in favor of consumer prices or firm profits. The model accounts for variation in state regulation and local …
Persistent link: https://www.econbiz.de/10013234348