Bourreau, Marc; Lupi, Paolo; Manenti, Fabio - Dipartimento di Scienze Economiche "Marco Fanno", … - 2013
We study how the migration from an old to a new technology is affected by the access price to the old technology. We show that both the incumbent and the regulator are willing to set a very high access price to accelerate consumers' migration to the new technology. When the quality of the old...