Showing 1 - 10 of 31
We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … products using a random-coefficients logit model. On the supply side we assume Bertrand Nash competition in a multiproduct …
Persistent link: https://www.econbiz.de/10012268034
Much of the current policy and scientific debate regarding territorial development focuses on territorial competition …, which is a result of the outspread of competition (the centerpiece in classical and neoclassical political economy) over … many aspects of other disciplines except economics, including geographical science. Territorial competition as a concept …
Persistent link: https://www.econbiz.de/10011507848
This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …
Persistent link: https://www.econbiz.de/10011957665
Network sharing agreements have become increasingly widespread in mobile telecommunications markets. They carry undeniable advantages to operators and consumers alike, but also the potential for consumer harm. Not all NSAs are created equal: the assessment of the balance of harm and benefits to...
Persistent link: https://www.econbiz.de/10011990449
specialization/complexity effect, on the one hand, and the competition effect, on the other hand. How the interaction between these … of competition, remains unaffected by entry, as well as by market-size shocks. As a consequence, the competition effect …: (i) a competition effect, which stems from the market interactions between producers of intermediate inputs, and (ii) a …
Persistent link: https://www.econbiz.de/10011476403
-as then firms want to limit the competition in the toll stage by setting lower capacities-or when firms set capacities one … capacities. In our Stackelberg competition, the firms that act last have few if any capacity decisions to influence. Hence, they … are more concerned with the toll competition substage, and set a higher volume/capacity ratio than the public operator …
Persistent link: https://www.econbiz.de/10011536414
assignment while facilitating additional flexibility for infrastructure sharing (ex-post competition). The other alternative is … to define local areas for monopoly 5G provisioning and define the conditions for competition ex-ante. Through agent …
Persistent link: https://www.econbiz.de/10012153762
We introduce a model of asymmetric competition where two network operators with different investment costs may build an …
Persistent link: https://www.econbiz.de/10012004876
Motivation, background and problem statement: Fixed and mobile broadband substitutability has recently been a debate in the telecom industry as the issue affects infrastructure investment decisions of service providers and service obligation regulation decision of telecom authorities. Previous...
Persistent link: https://www.econbiz.de/10011751169
Non-controlling minority shareholdings in rivals (NCMS) lower the sustainability of collusion under a wide variety of circumstances. Nevertheless, NCMS are sometimes deemed to facilitate collusion, in particular if the level of NCMS is exogenous. The present paper endogenizes firms' choice of...
Persistent link: https://www.econbiz.de/10012287557