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We define a supervised market mechanism to deal with the airport slot allocation problem. This mechanism is based on the principles underlying the AIP model for regulation of radio spectrum. Incentive prices for airport slots should reflect an estimate of the marginal value of each slot to end...
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We study how the vertical industry structure affects investment in network quality and social welfare, with a focus on the prospective deployment of high-speed broadband access networks (the so-called NGA). We model pros and cons of vertical separation, namely, pro-competitive effects and loss...
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We analyze the impact of access price regulation on the entrants' investment in network quality. We consider a dynamic framework where developing an alternative infrastructure requires both time and a captive customer base. We show that a multi-period schedule where regulated access charges rise...
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