We develop models of bilateral oligopoly with traffic exchanges to study the competition and regulatory policies in the … rates and hence neutralizes PRR's effect on calling prices. Retail competition and PRR increase net settlement payments …

competition and the complex interplay of the political process, regulation, and competition. The later essays focus on specific … on the interplay of auctions, industry dynamics, and regulation. This book collects essays on this topic by leading … analysts of telecommunications and the European auction experience, all but one presented at a November 2001 CESifo conference …

of an input factor and meets competition in the market for its processed product. Since the rival's cost is private …

Regulation Under Increasing Competition brings together practitioners, regulators, and economists to examine the … important policy and regulatory issues facing the telecommunications and electricity industries. This volume reviews such topics …