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decision whether to invest or not depends on the probability of regulation and its assumed impact on investment returns … regulation. The regulator, on the other hand, an influence both investment decision and the incumbent's price via his signals on … regulation probability and price. These signals can be considered optimal, if they simultaneously allow investment and minimize …
Persistent link: https://www.econbiz.de/10010263483
influence both the investment decision and the investor's price via her signals on regulation probability and price. … monopolistic prices, we model an investor's decision problem under a threat of regulation. We show that the mere threat of a … regulator's intervention may prevent supernormal profits without actual price regulation. The regulator, on the other hand, can …
Persistent link: https://www.econbiz.de/10005785065
incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by … regulation and recently imposed fiber access regulations. Our main finding is that more stringent access regulations for both the …
Persistent link: https://www.econbiz.de/10011774721
supposed to be high on the ADSL market because of already existing regulation. We assume that two types of operators are … access to them (OPf2). In our model, the level of investment is decided at stage 1 and the access price is decided at stage 2 …. At stage 3, OPf1 and OPf2 compete à la Cournot. This common framework allows us to show that the regulation defining …
Persistent link: https://www.econbiz.de/10010983314
nature of mobile telecommunication services as key element to explain why reductions of text messaging traffic have been so …
Persistent link: https://www.econbiz.de/10011778001
the incumbent, Telikom. Lack of investment and an unstable set of ownership arrangements have constrained Telikom from …
Persistent link: https://www.econbiz.de/10012889042
nature of mobile telecommunication services as key element to explain why reductions of text messaging traffic have been so …
Persistent link: https://www.econbiz.de/10011671185
authorities to access the big data held by operators could transform regulation by simplifying proof of bias or discrimination … should be possible to transform market regulation …
Persistent link: https://www.econbiz.de/10014152588
The Telecommunications Act of 1996 has yielded more litigation and less local competition than its supporters expected or intended. Calls for its reform are multiplying. The article diagnoses the 1996 Act's failings and prescribes a framework for reform. The successful deregulations of the...
Persistent link: https://www.econbiz.de/10014068712
estimate the level of e-communications investment in the EU and to examine its main drivers as part of a contributio to the … provides a description of the process of collecting data on investment in physical infrastructure in the e …-communciations sector by country and by sub-sector. It also presents the collected data, showing a decline in overall investment between …
Persistent link: https://www.econbiz.de/10005789277