This paper analyses how different types of access regulation to next generation networks affect investments and … consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The … regulatory holiday induces highest investments, followed by risk-sharing and long-run-incremental cost regulation. Risk …

employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …

The objective of the paper is to elaborate a simulation model to analyze inter- and intra-modal competition in the … effect of a kerosene tax. Hence our framework could serve as a tool to measure the effectiveness of competition on a relevant … market or to design marketing strategies. More generally it can be applied in cases of oligopolistic competition when …

competition among counties. The present paper highlights the situation in which the citizens of two countries have the opportunity …

-trust, intellectual property, industry regulation, and international trade. Economists have analyzed these issues for many decades. An …