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asymmetric risk allocation not only increases the chances of cooperation but lowers the risk of overinvestment. For homogeneous … goods, a symmetric risk allocation is superior as it ensures sufficient investment incentives even if competition is very …
Persistent link: https://www.econbiz.de/10010286379
intensive. -- Next Generation Access Networks ; investment ; access regulation ; cooperation … asymmetric risk allocation not only increases the chances of cooperation but lowers the risk of overinvestment. For homogeneous … goods, a symmetric risk allocation is superior as it ensures sufficient investment incentives even if competition is very …
Persistent link: https://www.econbiz.de/10009382884
We examine the effects of mobile termination rate regulation in asymmetric oligopolies. We do this by extending existing models of asymmetric duopoly and symmetric oligopoly where consumer expectations about market shares are passive. We first calibrate product differentiation parameters using...
Persistent link: https://www.econbiz.de/10013118918
This paper considers how to regulate the price that an access provider charges for shifting customers between different service providers. In determining regulated prices, cost is typically the focus of discussion. Debate revolves around how to determine what are relevant costs (used and useful?...
Persistent link: https://www.econbiz.de/10014166946
The price that a regulated access provider charges for shifting customers between service providers has significant welfare implications. Typical regulatory approaches to pricing, such as pricing based on fully allocated cost or incremental cost, ignore the characteristics of consumer demand. A...
Persistent link: https://www.econbiz.de/10014167188
We use panel data on 36,104 municipalities in metropolitan France over the period 2010-2014 to estimate two models of entry into local markets by: (i) alternative operators using wholesale access to the legacy copper network via local loop unbundling (LLU), and (ii) the incumbent and two...
Persistent link: https://www.econbiz.de/10011840765
International mobile roaming has been subject to market interventions since the 1990s, first requiring operators to be provide customers with roaming, then trying to limit the increasing prices, that were seemingly immune to the effects of competition. The European Commission, in trying to...
Persistent link: https://www.econbiz.de/10013094663
the entrant's investment decision. While investment lowers marginal costs in regions with facility-based entry, it …
Persistent link: https://www.econbiz.de/10008902896
the entrant's investment decision. While investment lowers marginal costs in regions with facility-based entry, it …
Persistent link: https://www.econbiz.de/10011526221
highlights the fact that investment in technical progress is an authentic type of competition which benefits the consumers rather … firms through investment, is high enough. Competition is, in fact, made up of two components: A static one which is known as …
Persistent link: https://www.econbiz.de/10010304268