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This paper presents results from a calibrated welfare model of the UK mobile telephony market which includes many mobile networks; calls to and from the fixed network; networkbased price discrimination; and call externalities. The analysis focuses on the short-run effects of adopting lower...
Persistent link: https://www.econbiz.de/10008468563
assesses whether the general principles need to be adapted when dealing with the telecommunications services industry. The …
Persistent link: https://www.econbiz.de/10005124009
practitioners and economists, taking the existing regulatory environment as fixed. Based on the degree of existing regulation (full … telecommunications. …
Persistent link: https://www.econbiz.de/10005497999
This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show … negotiations. A light-handed regulatory policy can induce effective competition. Call prices are close to the marginal cost if the …
Persistent link: https://www.econbiz.de/10005661431
technology (cable) which is not subject to regulation, and what we discover is that inter-platform competition has a positive …
Persistent link: https://www.econbiz.de/10011083592
We examine regulation as a repeated game between a regulator and a utility facing a Markovian sequence of demands. Sunk … regulation can improve on these equilibrium outcomes, although at higher consumer costs, and only if state-contingent transfers …
Persistent link: https://www.econbiz.de/10005792339
regulation in telecommunications, where marginal costs are lower, demand elasticity higher, and entrants can give more 'added … make the regulation of consumer prices unnecessary. In this paper, entrants offer (differentiated) 'added value', but …
Persistent link: https://www.econbiz.de/10005136643
regulation if the follower’s private incentives are dominated by business-stealing. Here access holidays can improve welfare by …
Persistent link: https://www.econbiz.de/10005497926
We analyze competition between vertically integrated infrastructure operators that provide access in different geographical areas. A regulator may impose a uniform access price, set local access rates, or deregulate access locally. We analyze the impact of these alternative regulatory regimes on...
Persistent link: https://www.econbiz.de/10011083224
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