the entrant's investment decision. While investment lowers marginal costs in regions with facility-based entry, it …

the entrant's investment decision. While investment lowers marginal costs in regions with facility-based entry, it …

highlights the fact that investment in technical progress is an authentic type of competition which benefits the consumers rather … firms through investment, is high enough. Competition is, in fact, made up of two components: A static one which is known as …

This paper investigates the incentives to invest in improving the quality (as distinguished to investment in a new … activity) in telecommunication industry using the empirical example of wireless markets. We highlight that investment … intensity and penetration rate. We show that there is a target amount of investment for each national market that firms strive …

This paper investigates the incentives to invest in improving the quality (as distinguished to investment in a new … activity) in telecommunication industry using the empirical example of wireless markets. We highlight that investment … intensity and penetration rate. We show that there is a target amount of investment for each national market that firms strive …

highlights the fact that investment in technical progress is an authentic type of competition which benefits the consumers rather … firms through investment, is high enough. Competition is, in fact, made up of two components: A static one which is known as …

consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The … access price is a function of investment costs and the regulatory regime. A regime with fully distributed costs or a … holiday, respectively. Risk-sharing benefits consumers as it combines relatively high ex-ante investment incentives with …