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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 …
Persistent link: https://www.econbiz.de/10010309706
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 …
Persistent link: https://www.econbiz.de/10003860957
, fiber) access charge that maximizes the incumbent's profit after the investment. On the contrary, when the regulator is free … decision of the incumbent to undertake the investment in fiber deployment is not only affected by its profit after the … investment, but also by the opportunity cost of the investment. This cost is reflected by the profits that the incumbent earns …
Persistent link: https://www.econbiz.de/10010399544
this overstimulates rival's investment that may turn out to be socially inefficient. Access regulation may discourage …
Persistent link: https://www.econbiz.de/10013138681
incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by …
Persistent link: https://www.econbiz.de/10012951112
incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by …
Persistent link: https://www.econbiz.de/10012934097
investment decisions, on network users' decision to join the network, and on welfare. We take a monopoly platform that serves a ….e. Net Neutrality regulation, will be more network users, more investment, and welfare is higher. If profit …-maximizing platform cannot charge buyers there will be more investment than without the regulation. If on top of not charging buyers …
Persistent link: https://www.econbiz.de/10012710676
most relevant regulatory measures – that is, co-investment models as well as different types of access regulation - we … step into the right direction, the expected effects on investment incentives as well as substantial implementation …
Persistent link: https://www.econbiz.de/10011687900
incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by …
Persistent link: https://www.econbiz.de/10011687904
incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by …
Persistent link: https://www.econbiz.de/10011774721