We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications … accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants' and incumbents … investment. Thus promoting market entry by means of regulated access undermines incentives to invest in facilities …

productivity gains to investment and an incentive plan, we are left with a large unexplained component. Learning by experimentation …

. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest …. Depending on the advantages, an increase in the productivity of the investment can decrease or increase the amount of investment …. The results are applied to autocrats' investment behavior and job specific investment in organizations. …

applied to relate their allowed revenues (revenue cap) to cost efficiency and investment. Incentive regulation varies cross … on firms’ investment. The panel data model includes common time-varying factors to control firm heterogeneity. The cross …-section dependence test is further employed to test the relationship between investment and revenue cap in different regulation regimes …