market coverage whereby the purchase of a phone and financial inclusion also remain out of reach for the group of poor … the conditions under which full market coverage is efficient and desirable. We analyze subgame perfect equilibria of a …

market coverage whereby the purchase of a phone and financial inclusion also remain out of reach for the group of poor … the conditions under which full market coverage is efficient and desirable. We analyze subgame perfect equilibria of a …

; the relevance is for a low willingness to pay, where it ensures the full market coverage (as a result of the standard … welfare maximization); finally, if the willingness to pay is very low, the public firm ensures a higher, but not full, market … coverage with respect to the pure private case. Finally, we find that, for a low willingness to pay, the presence of the public …

; the relevance is for a low willingness to pay, where it ensures the full market coverage (as a result of the standard … welfare maximization); finally, if the willingness to pay is very low, the public firm ensures a higher, but not full, market … coverage with respect to the pure private case. Finally, we find that, for a low willingness to pay, the presence of the public …