Showing 321 - 330 of 210,438
We discuss network neutrality regulation of the Internet in the context of a two-sided market model. Platforms sell … regulation (requiring zero fees to content providers): there exist parameter ranges for which network neutrality regulation … content providers. However, for other parameter values, network neutrality regulation can decrease total surplus. Extending …
Persistent link: https://www.econbiz.de/10014048298
worker (age, sex, education and type of contract) in 12 European and North-American countries. The effects of regulation on … these wage premia are estimated by panel data regression techniques. We find that product market regulation restricting …
Persistent link: https://www.econbiz.de/10014120723
We develop models of bilateral oligopoly with traffic exchanges to study the competition and regulatory policies in the international telephone markets. Under the requirement of uniform settlement rates, the proportional return rule (PRR) inflates the rates and hence neutralizes PRR's effect on...
Persistent link: https://www.econbiz.de/10014127669
Mobile telephony is described as a two-sided market where customers are seen as senders and receivers of communications that are mutually beneficial both to callers and receivers. This has implications in terms of market definition and market power. The economics of mobile call termination is...
Persistent link: https://www.econbiz.de/10014051597
Competition is emerging in OECD Member State mobile telephony markets, albeit somewhat unevenly and at a slower rate. The study addresses the relationship between market structure and performance, and examines the impact of regulatory policy on competition in these markets. A structural model is...
Persistent link: https://www.econbiz.de/10014053752
In many industries, a regulator designs an auction to select ex-ante the firms that compete ex-post on the product market. This paper considers the optimal market structure when firms incur sunk costs before entering the market and when the government is not able to regulate firms in the market....
Persistent link: https://www.econbiz.de/10014062206
related to regulation of access to the network and existence of market power with different types of agents. Equilibrium …
Persistent link: https://www.econbiz.de/10014063280
In this article we analyse the problem of determining the price for new drugs in a market where a stringent budget constraint on public expenditure exists and we suggest an innovative methodology to set their prices. The market is characterised by asymmetry of information and a high proportion...
Persistent link: https://www.econbiz.de/10014071880
Consider a bottleneck monopoly whose access charge is regulated above marginal cost and provides access to an oligopoly of downstream firms. Should the monopolist be allowed to vertically integrate into the downstream market? For the general run of oligopolistic market structures, we show that a...
Persistent link: https://www.econbiz.de/10014072817
all such 'infrastructure' networks have been subject to government regulation. Two reasons advanced for this market …
Persistent link: https://www.econbiz.de/10014037408