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We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications … accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants’ and incumbents … investment. Thus promoting market entry by means of regulated access undermines incentives to invest in facilities …
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incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by …
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incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by …
Persistent link: https://www.econbiz.de/10011640580
incentives for investment while safeguarding competition. …
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competition, investment and welfare crucially depend on the fine details of implementation. For instance, in the case of joint … ventures, it matters how investment costs are shared and how internal and external access prices are determined. In the case of … market developments ex-post and whether contracts are signed before or after the investment takes place. Generally, many of …
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