highlights the fact that investment in technical progress is an authentic type of competition which benefits the consumers rather … firms through investment, is high enough. Competition is, in fact, made up of two components: A static one which is known as …

In this paper, we design a theoretical model to analyze the impact of the number of firms on investment in the wireless … communications industry. Our model extends the Salop’s framework by introducing investment in quality that either reduces the … their incentives to invest in quality. The impact on the aggregate industry investment can be non-monotone. These …

This paper investigates the impact of technical progress on the relationship between competition an investment. Using a …, I find that technical progress, which increases the impact of investment on cost reduction, decreases the level of … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …

empirical evidence on the effect of the number of MNO on investment. Using a structural entry model based on a country …

This paper investigates the incentives to invest in improving the quality (as distinguished to investment in a new … activity) in telecommunication industry using the empirical example of wireless markets. We highlight that investment … intensity and penetration rate. We show that there is a target amount of investment for each national market that firms strive …

year after year a huge amount of investment. However, the maturation and saturation of markets prevents them from reaping …