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.C. Circuit recognized over twenty years ago: Complex regulation must still be credible regulation and any failure by the FCC to …
Persistent link: https://www.econbiz.de/10014073823
In this paper, we assess the impact of competition and regulation on prices of mobile services in France. We estimate …-adjusted prices to a set of competition and regulation variables and find that the launch of 4G networks by mobile operators was the … introduced to pre-empt the entry of low cost competitor declined at the time of entry. Moreover, we find that regulation, which …
Persistent link: https://www.econbiz.de/10011774522
We study a game in which two firms compete in quality to serve a market consisting of consumers with different initial consideration sets. If both firms invest below a certain threshold, they only compete for those consumers already aware of their existence. Above this threshold, a firm is...
Persistent link: https://www.econbiz.de/10012500215
Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...
Persistent link: https://www.econbiz.de/10011990829
There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...
Persistent link: https://www.econbiz.de/10012010582
, there is a need for unbundling regulation to foster competition. Improvements to the current open-network regulation …
Persistent link: https://www.econbiz.de/10010297466
Persistent link: https://www.econbiz.de/10011696497
Persistent link: https://www.econbiz.de/10011696589
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10010282162
This paper studies the effect of two regulatory instruments - a price cap and a reference price system - a mandatory substitution rule, and the combination of both on generic competition in a Salop-type model with an off-patent brand-name drug and n differentiated generic versions. The price cap...
Persistent link: https://www.econbiz.de/10010510801