Showing 1 - 10 of 9,521
In this paper we study how the migration from an old to a new technology is affected by the access price to the old … set a very high access price to accelerate consumers’ migration to the new technology. When the quality of the old … technology is exogenous and the entrant dominates investment in the new technology, the old technology is completely switched off …
Persistent link: https://www.econbiz.de/10011117751
study the effect of a net neutrality regulation on capacity investments in the market for Internet access, and on innovation …
Persistent link: https://www.econbiz.de/10011083479
” technology, and discuss how the terms of wholesale access affect this migration. We show that the coverage of the new technology … varies non-monotonically with the access price of the old technology: a higher access charge on the legacy network pushes the … wholesale revenue effect, and the retail-level migration effect. When the new technology is also subject to access provision, we …
Persistent link: https://www.econbiz.de/10011051641
This paper studies the interplay between network investment and content quality on the Internet, and investigates the … implications to the net neutrality regime. We assume a model in which a network operator provides access to consumers and content … providers. The network operator offers two access technologies: an old technology (copper) and a new technology (fiber). Content …
Persistent link: https://www.econbiz.de/10010931480
decide not to invest. When investment occurs, the vertically integrated firm may be induced to give access to the entrant for … a low access price for the old technology. Furthermore, when both firms can invest, investment occurs under a larger set … competes with an entrant in the retail market, to invest and to give access to a new wholesale technology. The new technology …
Persistent link: https://www.econbiz.de/10010595116
structures. The investment return in terms of demand increase is uncertain. We compare the impact of different access regulation …A vertically integrated incumbent and an OLO (Other Licensed Operator) compete in the market for broadband access. The … regimes – full regulation, partial regulation (only the copper network is regulated), risk sharing – on investment incentives …
Persistent link: https://www.econbiz.de/10010595118
investment. The hypothesis that liberalization promotes investment has received the most empirical support in recent research … investment by private and state-owned firms. We conduct an empirical study of the infrastructure investment of 20 incumbent … infrastructure investment by state-owned incumbents but reduces investment by private incumbents. …
Persistent link: https://www.econbiz.de/10010666201
investment and economic growth. For this purpose, we use an updated data set for thirty OECD countries covering the period 1988 … effective regulation and investment. …
Persistent link: https://www.econbiz.de/10010636259
This paper compares the equilibrium outcomes under simultaneous and sequential price settings in a vertically differentiated market. When the timing of the price game is determined endogenously, it is shown that the sequential play with the high quality firm leading emerges, yielding the highest...
Persistent link: https://www.econbiz.de/10010753353
the entire infrastructure. An open access policy raises welfare, but may make the project non-viable since funding must be … provided by capital contributions and access charges. The infrastructure owner can ask the incumbent for a higher capital … monopoly franchising, while a threat of regulatory capture creates an open-access presumption. …
Persistent link: https://www.econbiz.de/10005662107