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Two-part tariffs, when used at the retail level, increase efficiency by lowering the price of marginal units. The same potential for higher efficiency exists for two-part tariffs at wholesale level for a given market structure, but the fixed part of the wholesale tariff can negatively affect the...
Persistent link: https://www.econbiz.de/10013097954
In this paper, we study the impact of co-investment by incumbents and entrants on the roll-out of network infrastructures under demand uncertainty. We show that if entrants can wait to co-invest until demand is realized, the incumbents' investment incentives are reduced and total coverage can be...
Persistent link: https://www.econbiz.de/10012841930
In this paper, we study the impact of co-investment by incumbents and entrants on the roll-out of network infrastructures under demand uncertainty. We show that if entrants can wait to coinvest until demand is realized, the incumbents' investment incentives are reduced and total coverage can be...
Persistent link: https://www.econbiz.de/10012158158
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We propose a novel approach to the evaluation of new network technologies that combines an engineering cost model with a differentiated multi-player oligopoly model subject to wholesale access regulation. It is based on Hoernig et al. (2010), 1 which examines the cost differentials and...
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