Showing 1 - 10 of 29
services. Based on Ramsey pricing principles, we find that while historical differences in rates were sensible, technological …
Persistent link: https://www.econbiz.de/10014619158
on the need for public planning and independent economic evaluation, and the importance of deciding the pricing scheme in …
Persistent link: https://www.econbiz.de/10014618900
The payment cards market is a two-sided market. Cost sensitivity of both consumers and merchants for card services influences total demand. Survey data of Dutch merchants shows that costs and cost perception affect acceptance as well as surcharging decisions. Merchants who find payment cards...
Persistent link: https://www.econbiz.de/10014619184
skewed pricing by two-sided platform businesses. In both the Rochet-Tirole (2003) and Armstrong (2006) models, however …, skewed pricing may simply reflect substantial differences between side-specific demand functions; non-concavity is not …-concavity to be prevalent. In the Armstrong (2006) model, non-concavity is not sufficient for skewed pricing. In both models, non …
Persistent link: https://www.econbiz.de/10014619190
The Supreme Court decision in Verizon et al v. FCC et al has finally settled the legality of the FCC's methodology for setting prices for wholesale services that are "based on cost", as required by the Telecommunications Act of 1996. The Court's decision reveals unanimous agreement that...
Persistent link: https://www.econbiz.de/10005685434
The Supreme Court Opinion on local exchange competition in general and on pricing and unbundling in particular was much … anticipated and will be much discussed. Because of the very technical nature of the pricing and unbundling rules facing incumbent … it is fair to say that the Court's specific decision with respect to the pricing and unbundling issues represents an …
Persistent link: https://www.econbiz.de/10005685447
In this paper, we survey the literature on optimal pricing of a monopolist operating on a network industry. We also …
Persistent link: https://www.econbiz.de/10005685448
The Supreme Court's decision in Verizon v. FCC rests on two errant interpretations of the 1996 Telecommunications Act: First, the Act represents a new form of regulation rather than a deregulatory statute; Second, Congress intended that the playing field be tilted in favor of new entrants. Under...
Persistent link: https://www.econbiz.de/10005685452
This paper demonstrates the feasibility of the TELRIC standard. We develop an engineering-economic model of an interoffice telephone network suitable for calculating a TELRIC interconnection cost. The model utilizes the method of simulated annealing to determine an "optimal" SONET ring. Using...
Persistent link: https://www.econbiz.de/10005432493
networks. This article explains the background of the forward-looking pricing rules adopted by the FCC, the economic rational …
Persistent link: https://www.econbiz.de/10005432507