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This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the …-U relationship between competition intensity and investment. The intermediate level of competition intensity that maximizes … investment stands at 62 percent, whereby competition intensity is measured by 1-Lerner index at the firm level. This means that …
Persistent link: https://www.econbiz.de/10010397810
This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the …-U relationship between competition intensity and investment. The intermediate level of competition intensity that maximizes … investment stands at 62 percent, whereby competition intensity is measured by 1-Lerner index at the firm level. This means that …
Persistent link: https://www.econbiz.de/10010395722
In this paper, we design a theoretical model to analyze the impact of the number of firms on investment in the wireless … communications industry. Our model extends the Salop’s framework by introducing investment in quality that either reduces the … their incentives to invest in quality. The impact on the aggregate industry investment can be non-monotone. These …
Persistent link: https://www.econbiz.de/10011421623
surplus in symmetric mobile markets. When mobile services are viewed as homogeneous products under Cournot competition, we … differentiated products under Salop competition, we find an inverted-U relationship between consumer surplus and the number of mobile …
Persistent link: https://www.econbiz.de/10011577396
surplus in symmetric mobile markets. When mobile services are viewed as homogeneous products under Cournot competition, we … differentiated products under Salop competition, we find an inverted-U relationship between consumer surplus and the number of mobile …
Persistent link: https://www.econbiz.de/10011603514
In this paper, we design a theoretical model to analyze the impact of the number of firms on investment in the wireless … communications industry. Our model extends the Salop's framework by introducing investment in quality that either reduces the … their incentives to invest in quality. The impact on the aggregate industry investment can be non-monotone. These …
Persistent link: https://www.econbiz.de/10011445895
This paper investigates the relationship between competition and investment in the wireless industry from a dynamic …-U shaped, with an investment maximising intensity of competition at 60 or 63 percent, depending on whether capital expenditures … are normalised by the number of subscribers. This finding means that investment increases with competition as long as …
Persistent link: https://www.econbiz.de/10013006589
The impact of market structure on investment is an important topic in the mobile industry. However, previous literature … mobile operators to investigate its impact on investment, taking into account market share asymmetry and the adjustment cost … of investment. The empirical analysis is backed by a theoretical model that introduces vertical differentiation in a …
Persistent link: https://www.econbiz.de/10013003373
anticompetitive effects. Most importantly, antitrust analysis should focus on competition for seeking and providing attention rather … than the particular products and services used for securing and delivering this attention. The existence of competition …
Persistent link: https://www.econbiz.de/10014162245
business model, and competition, result in the platform allowing one type of customers to participate in the platform for free … by the participants on the platform as well as have heightened focus on non-price competition when the participation for … concern a free platform side where there is no monetary measure of value. Finally, dynamic competition makes the analysis of …
Persistent link: https://www.econbiz.de/10014128700