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We provide a general procedure to deal with the airport slot allocation problem, which applies the principles underlying the Administered Incentive Pricing model for regulation of radio spectrum in electronic communications markets. In particular, we propose an incentive pricing mechanism that...
Persistent link: https://www.econbiz.de/10010748281
A home firm signals her private cost information by expanding in a foreign firm's country. Credible signaling to deter counter-entry may occur through a direct investment (but not through exports), and may even entail entering an unprofitable market. While this produces social benefits,...
Persistent link: https://www.econbiz.de/10005217891
We define a supervised market mechanism to deal with the airport slot allocation problem. This mechanism is based on the principles underlying the AIP model for regulation of radio spectrum. Incentive prices for airport slots should reflect an estimate of the marginal value of each slot to end...
Persistent link: https://www.econbiz.de/10011190590
We provide a general procedure to deal with the airport slot allocation problem, which applies the principles underlying the Administered Incentive Pricing model for regulation of radio spectrum in electronic communications markets. In particular, we propose an incentive pricing mechanism that...
Persistent link: https://www.econbiz.de/10011148674
Persistent link: https://www.econbiz.de/10001320990
Persistent link: https://www.econbiz.de/10003531426
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Persistent link: https://www.econbiz.de/10005347139
National regulation generates price differentials between countries stimulating arbitrage by international distributors. Harmed manufacturers counteract using vertical price-squeeze or non-price discrimination. We show that: (i) either under regulatory commitment or discretion, there are...
Persistent link: https://www.econbiz.de/10005711097
We analyze the impact of access price regulation on the entrants' investment in network quality. We consider a dynamic framework where developing an alternative infrastructure requires both time and a captive customer base. We show that a multi-period schedule where regulated access charges rise...
Persistent link: https://www.econbiz.de/10008559900