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Building new business on the most recent version of the Web is no longer a multi-million dollar undertaking. Start-up companies are leveraging a decade of innovation of technology, driven by entrepreneurs not financiers. Past lessons led to new service that provides a sustainable revenue base...
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conference. The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and … spectrum auctions. Combining the empirical data these auctions provide with recent advances in microeconomic theory, they …
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For more than 15 years, Local Loop Unbundling (LLU) has been introduced as a regulatory mean to overcome the bottleneck control over the last mile of copper cable owned by incumbent operators. However, despite its assumed positive effects on market entry and competition intensity, negative...
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This paper develops a structural model which allows estimating the impact of regulatory decisions looking for the setting of download-speed standards on market structure and performance. We characterize a setting under which quality standards improve both service quality and availability. As to...
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This paper provides an empirical analysis how tariff diversity affects broadband uptake, utilizing a new data set with 1497 fixed-line and 2158 mobile broadband tariffs from 91 countries across the globe. An instrumental variable approach is applied to estimate the demand for fixed broadband...
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