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This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the …-U relationship between competition intensity and investment. The intermediate level of competition intensity that maximizes … investment stands at 62 percent, whereby competition intensity is measured by 1-Lerner index at the firm level. This means that …
Persistent link: https://www.econbiz.de/10010395722
The impact of market structure on investment is an important topic in the mobile industry. However, previous literature … mobile operators to investigate its impact on investment, taking into account market share asymmetry and the adjustment cost … of investment. The empirical analysis is backed by a theoretical model that introduces vertical differentiation in a …
Persistent link: https://www.econbiz.de/10013003373
surplus in symmetric mobile markets. When mobile services are viewed as homogeneous products under Cournot competition, we … differentiated products under Salop competition, we find an inverted-U relationship between consumer surplus and the number of mobile …
Persistent link: https://www.econbiz.de/10011603514
In this paper, we design a theoretical model to analyze the impact of the number of firms on investment in the wireless … communications industry. Our model extends the Salop's framework by introducing investment in quality that either reduces the … their incentives to invest in quality. The impact on the aggregate industry investment can be non-monotone. These …
Persistent link: https://www.econbiz.de/10011445895
anticompetitive effects. Most importantly, antitrust analysis should focus on competition for seeking and providing attention rather … than the particular products and services used for securing and delivering this attention. The existence of competition …
Persistent link: https://www.econbiz.de/10014162245
business model, and competition, result in the platform allowing one type of customers to participate in the platform for free … by the participants on the platform as well as have heightened focus on non-price competition when the participation for … concern a free platform side where there is no monetary measure of value. Finally, dynamic competition makes the analysis of …
Persistent link: https://www.econbiz.de/10014128700
This paper presents an analysis of competition in wireless telecommunications that models the interdependence between … two-stage game of quality competition with required minimum infrastructure levels, and establish two distinct kinds of …
Persistent link: https://www.econbiz.de/10014029111
This article examines the effect of access obligation on mobile network investment. Access obligation is a form of … claimed that such regulation might lower investment incentives of MNOs, this assertion has not yet been assessed by … mobile network investment in Germany, where access obligation had been implemented for the 3G technology (but not for 4G and …
Persistent link: https://www.econbiz.de/10014346887
This article provides an overview of the competitive issues surrounding online platforms. The general theme is that while much has been made of the structural features of online platforms there is little hard evidence that these are durable monopolies. Nonetheless, there are concerns about the...
Persistent link: https://www.econbiz.de/10013321957
This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I …
Persistent link: https://www.econbiz.de/10011957665