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Acquisitions, Entry, and Innovation in Network Industries

Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim Ingemar - C.E.P.R. Discussion Papers - 2013

In industries with network effects, incumbents’ installed bases create barriers to entry that discourage entrepreneurs … from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the … necessarily restrict innovation incentives. We also show that network effects promote acquisitions over entry and that the …

Persistent link: https://www.econbiz.de/10011083667

Deregulation of Business

Yakovlev, Evgeny; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2007

substantial positive effect of deregulation on net entry and small business employment and no effect on pollution and public …

Persistent link: https://www.econbiz.de/10005667109

Market Entry and Roll-out With Product Differentiation

Levine, Paul L; Rickman, Neil; Tzavara, Dionisia - C.E.P.R. Discussion Papers - 2002

market with horizontal product differentiation when choosing its level of roll-out. The endogenous extent of entry influences … downstream retail prices; Bertrand or local monopoly pricing or a mixed strategy equilibrium may emerge. Importantly, entry may …

Persistent link: https://www.econbiz.de/10005124418

The European Satellite Industry: Prospects for Liberalization

Neven, Damien J; Röller, Lars-Hendrik; Waverman, Leonard - C.E.P.R. Discussion Papers - 1993

This paper evaluates the effects of liberalizing access to the space sector, as currently envisaged by the EC Commission. We undertake an econometric evaluation of the degree of scale economies in satellite operations and calibrate a Cournot model of competition in which the effect of...

Persistent link: https://www.econbiz.de/10005504256

Competition Enhancing Policies and Infrastructure: Evidence from Russia

Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2001

This Paper investigates whether the efficiency effect of product market dispersion is a function of the infrastructural and policy environment. We hypothesise that more developed transportation and communication infrastructure and lower government regulation may reduce transaction costs,...

Persistent link: https://www.econbiz.de/10005504465

The Political Economy of Privatization and Competition: Cross-Country Evidence from the Telecommunications Sector

Colin Xu, Lixin; Li, Wei; Zhen-Wei Qiang, Christine - C.E.P.R. Discussion Papers - 2001

Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and liberalization in the telecommunications sector....

Persistent link: https://www.econbiz.de/10005504478

The Social Cost of Air Traffic Delays

de Villemeur, Etienne; Ivaldi, Marc; Quinet, Emile; … - C.E.P.R. Discussion Papers - 2015

The so-called buffer time or buffer delay allows airlines to control for excessive delays by introducing extra time in their schedule in addition to what is technically required. . We study the differences between unregulated markets - where airlines are free to fix their buffer times...

Persistent link: https://www.econbiz.de/10011165671

Cable Regulation in the Internet Era

Crawford, Gregory S - C.E.P.R. Discussion Papers - 2013

The market for multi-channel video programming has undergone considerable change in the last 15 years. Direct-Broadcast Satellite service, spurred by 1999 legislation that leveled the playing field with cable television systems, has grown from 3% to 33% of the U.S. MVPD (cable, satellite, and...

Persistent link: https://www.econbiz.de/10011084592

Add-on Pricing, Naive Consumers, and the Hidden Welfare Costs of Education

Kosfeld, Michael; Schüwer, Ulrich - C.E.P.R. Discussion Papers - 2011

Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...

Persistent link: https://www.econbiz.de/10009367427

The Regulation of Entry

Djankov, Simeon; La Porta, Rafael; López-de-Silanes, … - C.E.P.R. Discussion Papers - 2001

We present new data on the regulation of entry of start-up firms in 85 countries. The data covers the number of … procedures, official time, and official cost that a start-up must bear before it can operate legally. The official costs of entry … are extremely high in most countries. Countries with heavier regulation of entry have higher corruption and larger …

Persistent link: https://www.econbiz.de/10005661441