The author describes a classroom game demonstrating the process of adjustment to long-run equilibrium in a market consisting of price taking firms. This game unites and extends key insights from several simpler games in a framework more consistent with the standard textbook model of a...

This report examines the competitive effects of Hybrid Mobile Network Operators (HMNOs) — mobile virtual network operators that rely in large part on self-deployed facilities — on the market for mobile wireless services and recommends that the Federal Communications Commission (FCC) broaden...