Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive population dynamics in Kandori, Mailath and rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model mutation rates as...

Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive dynamics in Kandori, Mailath and Rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model these mutation rates as endogenously...

In this paper, we take a critical perspective on the common regulatory reply to deal with call termination on mobile networks. The current policy tendency to deal with fixed-to-mobile call termination is to restrict attention to the defined relevant market (call termination on single networks is...

With the postal sector moving to a one-way distribution market and the abolition of legal barriers to entry (the reserved sector) in postal markets, the possibilities for competition increase. In this paper, we investigate whether effective competition is likely to develop on its own, or whether...