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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/10012481667
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/10012468211
Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary …
Persistent link: https://www.econbiz.de/10012472551
We study trade-offs faced by multiple-system operators (MSOs), the gatekeepers in the provision of internet service, when setting prices and quality for internet access and TV service. In response to improvements in over-the-top video (OTT), MSOs choose between accommodating OTT to share in the...
Persistent link: https://www.econbiz.de/10013362053
telecommunications equipment and information technology which identifies the location of emergency callers. We begin by exploring the …
Persistent link: https://www.econbiz.de/10012472216
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/10012472483
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/10012473008
In a multiperiod investment framework, firms with high expected growth earn higher expected returns than firms with low expected growth, holding investment and expected profitability constant. This paper forms cross-sectional growth forecasts, and constructs an expected growth factor that yields...
Persistent link: https://www.econbiz.de/10012453011
to invest in telecommunications. Results indicate that the irreversibility premium raises the opportunity cost of capital …
Persistent link: https://www.econbiz.de/10012465382
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/10012468137