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The distinguishing feature of two-sided markets is that the pricing structure, that is, the relative prices charged to each side, matters. Regulators need to understand and account for the interdependence of prices in both sides. Some interventions that lower the prices on one side can result in...
Persistent link: https://www.econbiz.de/10010943067
The paper reviews how the question of access pricing has been fully investigated by the theoretical literature in a static context. On the other hand, there is no developed analysis of the linkage between access pricing and incentives to invest. This paper argues that some useful literature in...
Persistent link: https://www.econbiz.de/10009192452
This paper argues that the current centralised model of spectrum management is highly inefficient and should be replaced with decentralised solutions. The current model suppresses competitive entry, blocks efficient spectrum use, and insulates old technologies from innovative challenge. In the...
Persistent link: https://www.econbiz.de/10009199485