This paper analyses how different types of access regulation to next generation networks affect investments and consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The access price is a function of investment costs and the...

We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across 33 OECD countries between 2002 and 2014, we document...

In Deutschland werden in den nächsten Jahren die Stromzähler von Millionen von Stromletztverbrauchern und Betreibern dezentraler Energieerzeugungsanlagen durch vernetzte intelligente Messsysteme, die auch als Smart Meter bekannt sind, ersetzt. Vor dem Hintergrund des gesetzlichen Rahmens und...

Although we have many tools to understand the effect of regulation on firm entry, we know little about the importance of actual regulation enforcement. For this purpose, this paper uses data from Spain's local television industry from 1995 through 2001, which provide a unique opportunity for...

This Policy Paper demonstrates that policies that hinder a new entrant's ability to sell video programming, such as forcing entrants to obtain a local cable franchise agreement, will strongly diminish that entrant's incentive to deploy fiber to low-income households. Using publicly-available...

Firms that wish to offer wireline, multichannel video programming services in direct competition with cable incumbents are being faced with calls by those incumbents and policymakers to "build-out" to entire communities as a pre-condition of receiving a franchise. This "build-out" requirement is...

In the last few years, U.S. telecoms policy has shifted from encouraging the sharing of existing networks to facilitating the deployment of advanced communications networks. Given the large capital expenditures required for these networks, there can be only a few of such networks. In light of...

This Perspective argues that the Federal Communications Commission's current "trigger framework" of counting the number of competitors in a market in order to determine whether or not a rival is "impaired" is a model of analytical inconsistency. Specifically, the Commission defines "impairment"...

This Perspective argues that while it is very important for policy makers to take a dynamic approach to telecoms, it unfortunately appears that many policymakers recently have used anecdotal evidence of intermodal competition to blur deliberately the line between "probability" and "ephemeral...