Showing 1 - 10 of 31,117
This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the …-U relationship between competition intensity and investment. The intermediate level of competition intensity that maximizes … investment stands at 62 percent, whereby competition intensity is measured by 1-Lerner index at the firm level. This means that …
Persistent link: https://www.econbiz.de/10010395722
The impact of market structure on investment is an important topic in the mobile industry. However, previous literature … mobile operators to investigate its impact on investment, taking into account market share asymmetry and the adjustment cost … of investment. The empirical analysis is backed by a theoretical model that introduces vertical differentiation in a …
Persistent link: https://www.econbiz.de/10013003373
surplus in symmetric mobile markets. When mobile services are viewed as homogeneous products under Cournot competition, we … differentiated products under Salop competition, we find an inverted-U relationship between consumer surplus and the number of mobile …
Persistent link: https://www.econbiz.de/10011603514
In this paper, we design a theoretical model to analyze the impact of the number of firms on investment in the wireless … communications industry. Our model extends the Salop's framework by introducing investment in quality that either reduces the … their incentives to invest in quality. The impact on the aggregate industry investment can be non-monotone. These …
Persistent link: https://www.econbiz.de/10011445895
This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the …-U relationship between competition intensity and investment. The intermediate level of competition intensity that maximizes … investment stands at 62 percent, whereby competition intensity is measured by 1-Lerner index at the firm level. This means that …
Persistent link: https://www.econbiz.de/10010958830
This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the …-U relationship between competition intensity and investment. The intermediate level of competition intensity that maximizes … investment stands at 62 percent, whereby competition intensity is measured by 1-Lerner index at the firm level. This means that …
Persistent link: https://www.econbiz.de/10010397810
surplus in symmetric mobile markets. When mobile services are viewed as homogeneous products under Cournot competition, we … differentiated products under Salop competition, we find an inverted-U relationship between consumer surplus and the number of mobile …
Persistent link: https://www.econbiz.de/10011577396
In this paper, we design a theoretical model to analyze the impact of the number of firms on investment in the wireless … communications industry. Our model extends the Salop’s framework by introducing investment in quality that either reduces the … their incentives to invest in quality. The impact on the aggregate industry investment can be non-monotone. These …
Persistent link: https://www.econbiz.de/10011421623
This article examines the effect of access obligation on mobile network investment. Access obligation is a form of … claimed that such regulation might lower investment incentives of MNOs, this assertion has not yet been assessed by … mobile network investment in Germany, where access obligation had been implemented for the 3G technology (but not for 4G and …
Persistent link: https://www.econbiz.de/10014346887
This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I …
Persistent link: https://www.econbiz.de/10011957665