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This paper makes a critical review of the introduction of first 3G mobile services and the evolution of market structure. There is evidence in support of to the quot;overbiddingquot; hypothesis, i.e. license fees determined in auctions were higher than ultimately compatible with the originally...
Persistent link: https://www.econbiz.de/10012711671
The paper discusses the impact of scarcity of frequency spectrum on the performance of the mobile telecommunications industry. An oligopoly model with endogenous sunk costs illustrates the trade off between ex ante extraction of oligopoly rents and market entry of firms. The determination of the...
Persistent link: https://www.econbiz.de/10014142732
The paper discusses the impact of scarcity of frequency spectrum on the performance of the mobile telecommunications industry. An oligopoly model with endogenous sunk costs illustrates the trade off between ex ante extraction of oligopoly rents and market entry of firms. The determination of the...
Persistent link: https://www.econbiz.de/10014144700