Showing 1 - 10 of 331
This paper endogenizes the interplay between innovation by a regulated firm and regulatory delay. When product innovation costs fall over time, an extra day of regulatory delay increases time to introduction by more than a day. In the signaling model, the firm therefore times its innovation to...
Persistent link: https://www.econbiz.de/10010266380
I examine the effects of FCC regulation on the innovation and introduction of advanced telecommunications services in … the U.S. An interim of lighter regulation provides an experiment to test the regulatory regime''s impact on innovation … would have if the stricter regulation had still been in place. Overall, firms would have introduced 62% more services to …
Persistent link: https://www.econbiz.de/10010318599
According to the essential facilities doctrine, competition law requires an infrastructural monopoly to provide access. Under the "Bronner criterion", proposed by the EC Court, the doctrine is only applicable when an infrastructural duopoly is non-viable. This paper uses a simple model to...
Persistent link: https://www.econbiz.de/10010321538
This paper investigates the design of incentives in a dynamic adverse selection framework when agents' production technologies display learning effects and agents' rate of learning is private knowledge. In a simple two-period model with full commitment available to the principal, we show that...
Persistent link: https://www.econbiz.de/10010315563
Satellite communication is integral to Digital India, enabling ubiquitous broadband for the uncovered population and supporting satellite TV, the dominant source of infotainment. An enabling policy environment would help increase the market share of Indian satellite service providers from the...
Persistent link: https://www.econbiz.de/10014540967
effects. We examine how extensions such as MNP based on call-forwarding, termination fee regulation, and alternative means of …
Persistent link: https://www.econbiz.de/10010315528
The newest dimension of the Digital Divide is access to broadband (high-speed) Internet service. Using comprehensive U.S. data covering all forms of access technology (chiefly DSL and cable modem), I look for evidence of unequal broadband availability in areas with high concentrations of poor,...
Persistent link: https://www.econbiz.de/10010318613
study reveal that although the results need to be treated with some caution allowing/encouraging infrastructure competition …
Persistent link: https://www.econbiz.de/10010284108
We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure … the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. We … also depart from this literature by mixing principal components (to condense our institutional and infrastructure measures …
Persistent link: https://www.econbiz.de/10010294570
hohe Vermögens- und schließlich Konsumentenpreisinflation nach sich gezogen. Gleichzeitig sind eine dichtere Regulierung …, dass die EZB mehr Regulierung und anhaltend expansive Finanzpolitiken begünstigt hat, was maßgeblich zur Überhitzung des …
Persistent link: https://www.econbiz.de/10014317118