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Our survey reviews the theoretical and empirical literature on all alternative policies to promote the deployment of new fiber-based communications infrastructure. Since such investment is expected to induce substantial positive externalities, dynamic efficiency becomes a particularly important...
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Unter diesem Titel hat das ifo Institut in diesem Frühjahr eine Studie veröffentlicht, die zehn Jahre nach der Einführung der sektorspezifischen Regulierung und beträchtlichen Markterfolgen in der Telekommunikation prüfte, ob das ursprüngliche Ziel einer vorübergehenden Regulierung aus...
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The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective function into the firm’s profit-maximizing objective. These mechanisms come in two forms, one based on subsidies/taxes,the other based on constraints/ price caps. In spite...
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