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This paper examines the influence of mobile network competition on the prices of fixed-to-mobile calls. Because fixed line customers cannot, in general, distinguish the identity of a specific mobile network, these networks have market power when setting termination charges for calls from fixed...
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This paper provides a theoretical explanation for the persistent use of alphabetical name orderings on academic papers in economics. In a context in which market participants are interested in evaluating the relative individual contribution of authors, it is an equilibrium for papers to use...
Persistent link: https://www.econbiz.de/10014190068
It has been argued that competitive tendering can be used to overcome problems of natural monopoly and to make markets 'contestable.' The recent Productivity Commission report into harbour towage in Australia noted the potential benefits of competitive contracting. Using the example of harbour...
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For risky infrastructure investment, 'regulatory truncation' can diminish investment incentives. We model the truncation problem, showing the link to regulatory commitment, and derive optimal state-contingent access prices. If regulators cannot commit ex ante to specific ex post access prices...
Persistent link: https://www.econbiz.de/10005186353