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Persistent link: https://www.econbiz.de/10011695731
We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications by using a comprehensive data set covering 70+ fixed-line operators in 20 countries over 10 years. Our econometric model accommodates: different investment incentives for...
Persistent link: https://www.econbiz.de/10010352072
Following the global trend in using private sector participation in infrastructure financing and development, the Philippines has largely utilized privatization as a major approach to the development of infrastructure, particularly in power, water, transport, and telecommunications sectors. To...
Persistent link: https://www.econbiz.de/10011429807
wettbewerblichen Referenzmaßstab zu hoch. Eine aktive Wettbewerbspolitik sollte integraler Bestandteil einer odnungspolitisch … erreichen. Instrumente einer aktiven Wettbewerbspolitik im engeren Sinne sind u.a. die Abspaltung bestehender … Entflechtung sowie die aktive Förderung von Markeintritt. Internationale Erfahrungen belegen, dass aktive Wettbewerbspolitik eine …
Persistent link: https://www.econbiz.de/10010377786
The supply function equilibrium provides a game-theoretic model of strategic bidding in oligopolistic wholesale electricity auctions. This paper presents an intuitive account of current understanding and shows how welfare losses depend on the number of firms in the market and their asymmetry....
Persistent link: https://www.econbiz.de/10010320256
, the intensity of local competition and the standard of living. Perception data from the World Economic Forum is used to …
Persistent link: https://www.econbiz.de/10010295461
The globalisation of the world economy increases international competition among companies. However, not all industries …
Persistent link: https://www.econbiz.de/10010295596
The core industries of the new information economy are characterized by imperfect competition, asymmetric information or external effects. Thus, well-designed microeconomic policies, in the form of competition policies, technology policies or combinations of these, have strong potential of...
Persistent link: https://www.econbiz.de/10010279359
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
In some industries, monopoly is natural. One provider can serve the relevant demand cheaper than two or more firms. If the monopoly is not contestable, i.e. not controlled by a credible threat of entry, regulation is necessary. The essential facilities doctrine is one such regulatory tool. It...
Persistent link: https://www.econbiz.de/10010324017