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Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary …
Persistent link: https://www.econbiz.de/10013248105
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/10013215384
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/10013247857
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/10014098411
We study how political factors shape competition in the mobile telecommunication sector. We show that the way a … government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation … 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/10012965433
This paper documents and assesses the significance of the policy changes in China that WTO accession implies in 3 key … their entirety as undertaken at signature in 2002. While it would seem that China will have extraordinarily open markets for … implementation of China's WTO commitments, and following dispute settlement might retaliate in the future were these agreed changes …
Persistent link: https://www.econbiz.de/10013238960
Stock-market crashes tend to follow run-ups in prices. These episodes look like bubbles that gradually inflate and then suddenly burst. We show that such bubbles can form in a Zeira-Rob type of model in which demand size is uncertain. Two conditions are sufficient for this to happen: A declining...
Persistent link: https://www.econbiz.de/10012785164
to invest in telecommunications. Results indicate that the irreversibility premium raises the opportunity cost of capital …
Persistent link: https://www.econbiz.de/10012759928
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 …
Persistent link: https://www.econbiz.de/10013226071
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 … cases of electricity and telecommunications. The direction for future changes is also discussed …
Persistent link: https://www.econbiz.de/10013232151