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Introduction of Competition in Telecommunications Markets : Theory and Application to the US Case
Bruno, Nestor - 2020
implemented by the FCC with a conceptual model of competition in telecommunications with is different from the one pursued by the …, moreover, can also provoke distortions in prices and in investment decisions …
Persistent link: https://www.econbiz.de/10012835579
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Introduction of Competition in Telecommunications Markets : Theory and Application to the US Case
Bruno, Nestor - 2018
about the project implemented by the FCC with a conceptual model of competition in telecommunications with is different from …. Those sunk costs, moreover, can also provoke distortions in prices and in investment decisions …
Persistent link: https://www.econbiz.de/10012909630
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Local and Long-Distance Network Competition
Carter, Michael; Wright, Julian - 2000
We develop a model of competition between interconnected networks, with separate local and long-distance markets, allowing for various degrees of symmetry between carriers. Assuming two part pricing, we show that effective competition can be achieved with simple regulations involving mandatory...
Persistent link: https://www.econbiz.de/10014171873
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Regulation of Europe's network industries : the perspective of the new economic theory of federalism
Bickenbach, Frank - 2000
The paper starts with a description of major reforms of EU policy in the network industries. Based on the normative economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An appropriate allocation of regulatory competencies may...
Persistent link: https://www.econbiz.de/10011491086
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Regulation of Europe's network industries : the perspective of the new economic theory of federalism
Bickenbach, Frank - 2000
Persistent link: https://www.econbiz.de/10013261081
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Legal unbundling can be a golden mean between vertical integration and separation
Höffler, Felix (contributor); Kranz, Sebastian (contributor) - 2007
We study an industry in which an upstream monopolist supplies an essential input at a regulated price to several downstream firms. Legal unbundling means that a downstream firm owns the upstream firm but this upstream firm is legally independent and maximizes its own upstream profits. We allow...
Persistent link: https://www.econbiz.de/10003612735
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Imperfect legal unbundling of monopolistic bottlenecks
Höffler, Felix (contributor); Kranz, Sebastian (contributor) - 2007
We study an industry with a monopolistic bottleneck (e.g. a transmission network) supplying an essential input to several downstream firms. Under legal unbundling the bottleneck must be operated by a legally independent upstream firm, which may be partly or fully owned by an incumbent active in...
Persistent link: https://www.econbiz.de/10003612741
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Powering up developing countries through integration?
Auriol, Emmanuelle; Biancini, Sara - 2012
to invest compared to autarky. The investment levels remain inefficient though. With generation facilities over-investment … occurs sometimes, while systematic under-investment occurs for transportation facilities. Free-riding reduces the incentives … investment. -- regulation ; competition ; market integration ; investment ; electricity …
Persistent link: https://www.econbiz.de/10009571212
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Net Neutrality and Investment Incentives
Choi, Jay Pil - 2013
This article analyzes the effects of net neutrality regulation on investment incentives for Internet service providers … (ISPs) and content providers (CPs), and their implications for social welfare. Concerning the ISPs' investment incentives … dismiss the possibility of the opposite. A discriminatory regime can also weaken CPs' investment incentives because of CPs …
Persistent link: https://www.econbiz.de/10012710949
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Net Neutrality and Investment Incentives
Choi, Jay Pil; Kim, Byung-Cheol - 2021
This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers … trade of the first-priority. Concerning the ISP's investment incentives, we find that capacity expansion affects the sale …
Persistent link: https://www.econbiz.de/10013316480