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parallel links, efficiency losses from competition are bounded. In contrast, in this paper we show that in the presence of …
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This paper analyses how different types of access regulation to next generation networks affect investments and … consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The … regulatory holiday induces highest investments, followed by risk-sharing and long-run-incremental cost regulation. Risk …
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-binding price requests. Using a laboratory experiment, we examine how competition moderates the way such cheap-talk communication … granularity effects of cheap-talk communication on negotiation outcomes. Our results show that most of these effects survive with … competition, although some of them become weaker. Our main findings are the following: (i) The ability of sellers to make non …
Persistent link: https://www.econbiz.de/10014299618
This paper analyses how different types of access regulation to next generation networks affect investments and … consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The … regulatory holiday induces highest investments, followed by risk-sharing and long-run-incremental cost regulation. Risk …
Persistent link: https://www.econbiz.de/10010352102