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Although the future socio-economic benefits of a new fibre-based ('next generation access', NGA) telecommunications infrastructure seem to be uncontroversial, a universal NGA coverage appears to be a rather unrealistic objective without government intervention. We contend, however, that the...
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This paper analyzes how far a regulated price should be adjusted to realized marginal cost in a stochastic environment. Lyon (1996) shows that partial cost passthrough will improve welfare relative to an exogenously fixed price cap even if incentives for effort supply are reduced. In this paper...
Persistent link: https://www.econbiz.de/10005678516
Fibre deployment of next-generation high-speed broadband networks is considered to be a decisive development for any information-based society, yet investment activities and especially the adoption of fibre-based broadband services take place only very gradually in most countries. This work...
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Fiber-deployment of next generation access (NGA) networks is currently a large challenge for both, sector-specific regulators as well as national governments. Although the future socio-economic importance of new (“second generation”) telecommunications networks is likely to be...
Persistent link: https://www.econbiz.de/10010609973
Fiber deployment of next-generation high-speed broadband networks is considered to be a decisive development for any information-based society, yet investment activities and especially the adoption of fiber-based broadband services take place only very gradually in most countries. This work...
Persistent link: https://www.econbiz.de/10010866766
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