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Estimating the Option Value of Waiting : A Dynamic Entry Game of the U.S. Local Telephone Competition

Fan, Ying - 2014

We estimate a dynamic oligopoly entry game in the early U.S. local telephone market. We observe the identities of potential entrants into local markets and therefore the waiting time of each potential entrant before it commits actual entry. To capture the feature of the data, we allow firms to...

Persistent link: https://www.econbiz.de/10013069132

Calling party pays or receiving party pays? : the diffusion of mobile telephony with endogenous regulation

Dewenter, Ralf; Kruse, Jörn - 2010

This paper analyzes the impact on mobile telephony diffusion patterns of the two predominant payment regimes, calling party pays (CPP) and receiving party pays (RPP), for mobile termination services. By applying instrumental variable techniques to panel data we account for a possible...

Persistent link: https://www.econbiz.de/10008668818

European Telecommunication Regulation - Effects on Telecommunication Providers

Veith, Tobias - 2010

This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating AR-GARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject, i.e. cross-market, country-specific and...

Persistent link: https://www.econbiz.de/10013135018

European telecommunication regulation : effects on telecommunication providers

Veith, Tobias - 2010

This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject, i.e. cross-market, country-specific and company-specific...

Persistent link: https://www.econbiz.de/10008701352

Substitution between fixed, mobile, and voice over IP telephony : evidence from the European Union

Lange, Mirjam; Saric, Amela - 2016

cornerstone of market definition and therefore of effective regulation. This paper explores the access substitution between fixed … 2008-2011 period and apply dynamic panel data methods. Our analysis demonstrates strong access substitution between fixed … in favor of access substitution and therefore of joint market definition. Regulatory obligations imposed on the market …

Persistent link: https://www.econbiz.de/10011485360

Competition and Market Strategies in the Swiss Fixed Telephony Market - An Estimation of Swisscom's Dynamic Residual Demand Curve

Balmer, Roberto E. - 2013

Fixed telephony has long been a fundamentally important market for European telecommunications operators. The liberalisation and the introduction of regulation in the end of the 1990s, however, allowed new entrants to compete with incumbents at the retail level. A rapid price decline and a...

Persistent link: https://www.econbiz.de/10013071602

Evaluating Market Consolidation in Mobile Communications

Genakos, Christos - 2017

We study the dual relationship between market structure and prices and between market structure and investment in …. Furthermore, they also lead to higher investment per mobile operator, though the impact on total investment is not conclusive. Our …

Persistent link: https://www.econbiz.de/10012953486

The Economic Impact of Telecommunications Diffusion on UK Productivity Growth

Correa, Lisa - 2012

This paper investigates the relationship between telecommunications infrastructure competition, investment and …, amongst other things, emanated from encouraging infrastructure investment, in their production processes. Thus the analysis … demonstrates that U.K. government policies on telecommunications and its investment incentives may have wide-reaching consequences …

Persistent link: https://www.econbiz.de/10014030186

Investment in ICT : determinants and economic implications

Fabritz, Nadine - 2015

, while one is concerned with determinants of investment in ICT networks. The study uses German firm-level data and regional …

Persistent link: https://www.econbiz.de/10011312803

Evaluating market consolidation in mobile communications

Genakos, Christos; Valletti, Tommaso M.; Verboven, Frank - 2017

Persistent link: https://www.econbiz.de/10011659539