The European Commission and most European countries have set ambitious broadband targets aiming to provide up to 100 Mbits to the end-customers. On back of a declining fixed market, negative growth for operators and a slow take up of fiber while maintaining high capex levels operators will...

Does co-investment enhance fiber to the home (FTTH) coverage, adoption and competition? We combine several French municipality-level datasets and use a two-stage control-function approach to answer this question. In the first stage, we estimate an equilibrium model of entry that predicts the...

Does co-investment enhance fiber to the home (FTTH) coverage? We combine several French municipality-level datasets to answer this question. We find that a 1% co-financing share by co-investors leads to an increase in FTTH coverage by 0.8% during the 2013-2016 study period and a 0.6% annual...

Abstract Several regulatory authorities have recently allowed competing network operators to co-invest in network infrastructure. With the use of a laboratory experiment, we investigate the impact of co-investments on competition in regulated network industries, particularly in comparison to...

In this paper, we study the impact of co-investment by incumbents and entrants on the roll-out of network infrastructures under demand uncertainty. We show that if entrants can wait to co-invest until demand is realized, the incumbents' investment incentives are reduced and total coverage can be...

Co-investment, often seen as a remedy for agency problems, may incentivize managers to cater to own preferences. We provide evidence that mutual fund managers with considerable co-investment stakes alter risk-taking decisions to prioritize their own tax interests. By exploiting the enactment of...