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We develop models of bilateral oligopoly with two-way traffic exchanges to study the impact of competition and … prices for fixed settlement rates. Both competition and the PRR tend to increase net settlement payments. The overall market …
Persistent link: https://www.econbiz.de/10013043563
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In the last few years, U.S. telecoms policy has shifted from encouraging the sharing of existing networks to facilitating the deployment of advanced communications networks. Given the large capital expenditures required for these networks, there can be only a few of such networks. In light of...
Persistent link: https://www.econbiz.de/10014050795
Using quarterly data of 58 countries, this paper provides empirical evidence that mobile phone diffusion from 2007 to 2009 is positively influenced by international network effects. Direct and indirect network effects are a result of the international standadization of telecommunication...
Persistent link: https://www.econbiz.de/10011433040
In supply networks, path diversity is an important determinant of demand, entry, and firms’ market power. We investigate this role in the context of the internet backbone, the worldwide network of undersea fiber-optic cables that underpins the internet. We specify a model of inter-regional...
Persistent link: https://www.econbiz.de/10014347550
This paper discusses how antitrust law and regulatory rules should be applied to network industries. In assessing the application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in which antitrust law and regulatory rules can affect...
Persistent link: https://www.econbiz.de/10013080053
This paper discusses how antitrust law and regulatory rules should be applied to network industries. In assessing the application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in which antitrust law and regulatory rules can affect...
Persistent link: https://www.econbiz.de/10014026715
Persistent link: https://www.econbiz.de/10014308611
The paper explores firstly the impact of technological change on trade growth at the country level, using trade statistics and statistics on patenting activity in the US, across 20 countries for 17 manufacturing sectors. Secondly, using structural decomposition analysis, the paper examine...
Persistent link: https://www.econbiz.de/10014072113
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