Showing 1 - 10 of 7,865
I generalize the workhorse model of network competition to include income effects in demand. Empirical work has shown income effects to be positive and statistically significant. Income effects deliver theoretical results consistent with regulatory concern about excessive termination rates:...
Persistent link: https://www.econbiz.de/10010818412
I generalize the workhorse model of network competition (Armstrong, 1998; Laffont, Rey and Tirole, 1998a,b) to include income effects in call demand. Income effects imply that call demand depends also on the subscription fee, not only on the call price. In the standard case of differentiated...
Persistent link: https://www.econbiz.de/10008672212
???dimension spaces, to study the competition and access regulation of multiple networks. We first characterize the competitive … regulation, and thereby examine the efficiency implications of such regulation regimes. In particular, we analyze the asymmetric … not extend to a multi???firm setting, largely because regulation of multiple networks is structurally far richer. …
Persistent link: https://www.econbiz.de/10005064107
This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show …
Persistent link: https://www.econbiz.de/10005190638
This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show …
Persistent link: https://www.econbiz.de/10005661431
The question of how to price access to the copper network during the period of transition to fibre has attracted much attention, both from regulators and in reports prepared by consultants (notably Plum Consulting and WIK Consult) acting for different groups of operators. Our paper considers...
Persistent link: https://www.econbiz.de/10010862544
In this paper, we study the adjustments made by National Regulatory Authorities to simple margin squeeze tests, in order to model a reasonably efficient operator. More precisely, by inspecting the possible differences between an entrant and an incumbent that would cause a market disadvantage for...
Persistent link: https://www.econbiz.de/10010956662
In this paper, we study the adjustments that National Regulatory Authorities make to simple margin squeeze tests, when using them ex-ante. More precisely, by inspecting the possible differences between an entrant and the incumbent that would cause a market disadvantage for the former, we provide...
Persistent link: https://www.econbiz.de/10010956670
We study the impact of the access charges of copper and fiber unbundling on an incumbent's incentives to invest in fiber access networks. Once the fiber deployment is in place, the incumbent and the entrant compete for consumers in both copper and fiber markets. We show that when the regulator...
Persistent link: https://www.econbiz.de/10010958849
This paper means to add to empirical research on the impact of local loop unbundling (LLU) on broadband networks. In particular, it focuses on broadband investment made by entrants. Starting from late Nineties telecommunications incumbents of several European Union countries have been required...
Persistent link: https://www.econbiz.de/10009372222