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For quite a long time, network industries used to be regarded as (natural) monopolies. This was due to these industries having some special characteristics. Network externalities and economies of scale in particular justified the (natural) monopoly thesis. Recently, however, a trend towards...
Persistent link: https://www.econbiz.de/10011506581
For quite a long time, network industries used to be regarded as (natural) monopolies. This was due to these industries having some special characteristics. Network externalities and economies of scale in particular justified the (natural) monopoly thesis. Recently, however, a trend towards...
Persistent link: https://www.econbiz.de/10003285766
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 incentives are positively related to the potential for...
Persistent link: https://www.econbiz.de/10009567869
Is monopoly the inevitable market outcome for a network industry without regulation? Policy related to network communications industries historically has been based on the assumption that the characteristics of these industries will lead to high concentration, and ultimately monopoly. However,...
Persistent link: https://www.econbiz.de/10014052649
In a referendum on 23rd June 2016, the United Kingdom (UK) voted for ‘Brexit’, i.e., to leave the European Union (EU). After some delay the government will invoke Article 50 TEU, which would begin a two-year period of negotiation for a withdrawal agreement, after which the EU treaties would...
Persistent link: https://www.econbiz.de/10014034908
Mobile telecommunications has been a considerable success with consumers, yet markets are oligopolies designed by governments and by industry, with many flaws, including limited ability to regulate prices, quality of service and coverage. Markets have been partially opened to competition, with...
Persistent link: https://www.econbiz.de/10014037810
This paper presents an analysis of competition in wireless telecommunications that models the interdependence between spectrum availability, network infrastructure deployment, the generation of transmission technology, average traffic levels and service quality. We show that the constraints on...
Persistent link: https://www.econbiz.de/10014029111
For three decades the government of South Africa has sought to make telecommunications universally available and affordable. In its last days, the National Party government persuaded with the African National Congress (ANC) there should be licences for two competing international groups to build...
Persistent link: https://www.econbiz.de/10014165203
This paper investigates the incentives to invest in improving the quality of service (as distinguished to investment in a new activity) in telecommunication industry. This kind of investment is very important in telecommunication industry because of the rapid technological progress that makes...
Persistent link: https://www.econbiz.de/10013111794
In this article we provide a seminal academic investigation of mo-bile telephony consumers' perception of the recently introduced costcap tari in comparison to corresponding pay-per-use and atrate call-ing plans. Previous studies have identied several psychological eectsthrough which consumers...
Persistent link: https://www.econbiz.de/10009284842