of investment-specific technical change (ISTC); (2) the sensitivity of industry entry and exit rates to cross … of ISTC varies across industries and new investment-specific technologies can be introduced by entrants or by incumbents …

this overstimulates rival's investment that may turn out to be socially inefficient. Access regulation may discourage …

's investment is hump-shaped in the entry threat. When the entry threat is small and increases, the incumbent invests more to deter … no longer profitably be deterred or made unlikely and the investment becomes small. Then the Schumpeterian effect …

reverting processes are rarely used in investment models in the literature. In most models, geometric Brownian motion processes … investigations of aggregate industry investment …

We investigate cooperative investment in a new infrastructure and how it interacts with access obligations and demand … uncertainty. Co-investment only increases total coverage if service differentiation and/or cost savings from joint investment, in … particular due to high uncertainty, are high. Mandated access reduces incentives for co-investment not only through lower returns …

This paper studies R&D investment decisions of a firm facing the threat of new technology entry and subject to …