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generalized submodular flow problem on a suitable network. Existence of a competitive equilibrium and its equivalence with the …
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many well-known results from the contest literature can be obtained by varying the structure of the network. Our framework …
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We analyse competition between perfectly substitutable networks. Monopolization can be sustained in equilibrium by asymmetric access prices whereby entry is deterred by a set of margin squeezes. A regulatory package consisting of (i) mandatory interconnection; (ii) reciprocal access prices;...
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local clusters in which buyers primarily purchase services from providers within the same cluster. Consequently, network … interconnectivity varies across different industries. We examine how network interconnectivity affects interactions between an incumbent … triggering then incumbent's competitive response. Finally, we find that the presence of network effects is likely to decrease the …
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