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Investment, dynamic consistency and the sectoral regulator's obective
Brito, Duarte; Pereira, Pedro; Vareda, João - 2011
overcoming the dynamic consistency problem of regulatory policy towards investment. We model the industry as a regulated duopoly … retailer needs access to the input produced by the wholesaler to operate. The incumbent can make an investment that improves … for which it is possible to induce socially desirable investment. …
Persistent link: https://www.econbiz.de/10010307446
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Can Two-Part Tariffs Promote Efficient Investment on Next Generation Networks?
Brito, Duarte; Pereira, Pedro; Vareda, João - Autoridade de Concorrência, Government of Portugal - 2008
investment cost is low, the regulator can induce investment when he cannot commit to a policy. Second, we show that in this case …
Persistent link: https://www.econbiz.de/10005115563
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Incentives to invest and to give access to non-regulated new technologies
Brito, Duarte; Pereira, Pedro; Vareda, João - In: Information Economics and Policy 24 (2012) 3, pp. 197-211
decide not to invest. When investment occurs, the vertically integrated firm may be induced to give access to the entrant for … a low access price for the old technology. Furthermore, when both firms can invest, investment occurs under a larger set …
Persistent link: https://www.econbiz.de/10010595116
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Incentives to Invest and to Give Access to Non-Regulated Next Generation Networks
Brito, Duarte; Pereira, Pedro; Vareda, João - NET Institute - 2008
We analyze the incentives of a telecommunications incumbent to invest and give access to a downstream entrant to a next generation network. We model the industry as a duopoly, where a vertically integrated incumbent and a downstream entrant, that requires access to the incumbent's network,...
Persistent link: https://www.econbiz.de/10005622682
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Incentives to Invest and to Give Access to Non-Regulated Next Generation Networks
Brito, Duarte; Pereira, Pedro; Vareda, João - Autoridade de Concorrência, Government of Portugal - 2008
We analyze the incentives of a telecommunications incumbent to invest and give access to a downstream entrant to a next generation network, NGN. We model the industry as a duopoly, where a vertically integrated incumbent and a downstream entrant, that requires access to the incumbent's network,...
Persistent link: https://www.econbiz.de/10005115567
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Network Neutrality under ISP duopoly: on the ability to assign capacity
Brito, Duarte; Pereira, Pedro; Vareda, João - Centro de Estudos e Formação Avançada em Gestão e … - 2013
advertising revenues. We further show that the impact of network neutrality regulation on the investment in the quality of network … among CPs, investment and welfare are higher under the discriminatory regime. …
Persistent link: https://www.econbiz.de/10010699749
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How many ladders of investment?
Herrera-González, Fernando - 2011
The ladder of investment is a regulatory approach that has been used by European National Regulatory Authorities (NRAs … geographical points. This suggests that analysing the degree of advance just in the "main" ladder of investment could suppose a … investment is assessed for the Spanish market, and some conclusions are drawn and applied in the form of policy recommendations …
Persistent link: https://www.econbiz.de/10009374331
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Access regulation and geographic deployment of a new generation infrastructure
Flacher, David; Jennequin, Hugues - 2012
access to them (OPf2). In our model, the level of investment is decided at stage 1 and the access price is decided at stage 2 … well as social welfare and number of FTTH consumers) will be at its highest if both investment and access price decisions … ; telecommunications ; investment. …
Persistent link: https://www.econbiz.de/10009729547
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Infrastructure upgrades and foreclosure with coexistence of service-based and facility-based firms
Matsushima, Noriaki; Mizuno, Keizo - 2012
the incentives for a regulated facility-based firm to foreclose service-based firms. -- investment ; access ; service …
Persistent link: https://www.econbiz.de/10009672493
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Competition and investment in telecommunications: Does competition have the same impact on investment by private and state-owned firms?
Lestage, Romain; Flacher, David; Kim, Yeonbae; Kim, Jihwan - In: Information Economics and Policy 25 (2013) 1, pp. 41-50
investment. The hypothesis that liberalization promotes investment has received the most empirical support in recent research … investment by private and state-owned firms. We conduct an empirical study of the infrastructure investment of 20 incumbent … infrastructure investment by state-owned incumbents but reduces investment by private incumbents. …
Persistent link: https://www.econbiz.de/10010666201