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incumbent operators are rational agents who inevitably respond to regulatory incentives; if broadband deployment in the EU has … benefits for customers and reducing the need for regulation; to assess the impact of public policy on incentives to invest in …
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Proponents of the patent-holdup conjecture implicitly model competition among different technologies for inclusion in a standard as a static Bertrand pricing game without (1) any capacity restraints, (2) any product differentiation, and (3) any outside option for the inventors. On the basis of...
Persistent link: https://www.econbiz.de/10013012974
Complex civil litigation routinely includes expert economic testimony. However, it may be hard for a jury to determine at trial which expert economist is more credible, and it may be hard for the judge to determine at the Daubert hearing whether the methodology upon which a given expert...
Persistent link: https://www.econbiz.de/10012919599
Fifteen scholars on auctions and telecommunications regulation urge the FCC to cancel bids made in, or permit winning bidders to opt out of, the reauction of the NextWave licenses in Auction 35. For auctions to function efficiently, buyers and sellers must follow basic rules, including the rule...
Persistent link: https://www.econbiz.de/10014033396
Whenever a claimant in arbitration prevails, the tribunal must calculate quantum. Indeed, sometimes the central question in arbitration is to value a disputed asset. However, an arbitrator's expertise typically is law, not economics. How can the tribunal apply economic analysis to the question...
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Tangled telecommunications regulation / Wernhard Möschel -- The path to competition for telecommunications in Germany / Christoph Engel -- Costing and pricing in liberalized telecommunications markets / Günter Knieps -- Regulation by TSLRIC : economic effects on investment and innovation /...
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