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In most countries, wireless communications rely on administrative allocation of radio spectrum. The inefficiencies associated with this centralized approach have led economists, starting with Coase in 1959, to suggest "propertyzing" radio spectrum. Critics of this approach assert that property...
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Signal quality is a significant contributor to the overall quality of wireless telephone service, which competitive analyses often overlooks. To understand the competitive impact of signal quality investment on further consolidation in this industry, I use a market research survey of choice of...
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Sutton has developed a new theory of endogenous sunk costs, which predicts that industries with significant endogenous sunk costs will have a lower bound on concentration even as they grow in output. Endogenous sunk costs are fixed costs that firms can choose to invest in, which affect the...
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This paper underscores the importance of damage assessment and recognizes the direct effect it has on post-disaster response and recovery operations. The paper first explores the literature on this subject, including the history, types, methods, and problems relating to damage assessment. After...
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