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and entry phases of the industry, the nature of competition is substantially affected by such price discrimination … between rival operators and studied competition between interconnected networks, under the assumption of non … subscriber's network and those terminating on a rival's network. This creates a price differential between services that are …
Persistent link: https://www.econbiz.de/10014074125
for large network substitutability and that freely negotiated access charges may prevent effective competition in the … mature phase of the industry and erect barriers to entry in the transition toward competition. Last, we examine the meaning …We develop a model of unregulated competition between interconnected networks and analyze the mature and transition …
Persistent link: https://www.econbiz.de/10014074126
What is the best way to reward innovation? While prizes avoid deadweight loss, intellectual property selects high social surplus projects. Optimal innovation policy thus trades off the ex-ante screening benefit and the ex-post distortion. It solves a multidimensional screening problem in the...
Persistent link: https://www.econbiz.de/10013115803
The paper develops a framework for Internet backbone competition. In the absence of direct payments between websites …
Persistent link: https://www.econbiz.de/10014105697
Persistent link: https://www.econbiz.de/10001237929
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regulatory reform and the emergence of competition in network industries using the state-of-the-art theoretical tools of … a result, policymakers often lack the guidance of economic theorists. Competition in Telecommunications is written in a … aspects of the recent deregulatory movement: the introduction of incentive regulation; one-way access (access given by a local …
Persistent link: https://www.econbiz.de/10001393077
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airport, fibre-to-the-home network, etc.) in a situation in which an incumbent operator has private information about market … to pay more for exclusivity, the higher the demand (the lower the cost), that is precisely when competition yields the …
Persistent link: https://www.econbiz.de/10005662107
This paper extends the theory of network competition between telecommunications operators by allowing receivers to … symmetric equilibrium is again efficient. Lastly, we show that network-based price discrimination creates strong incentives for …
Persistent link: https://www.econbiz.de/10014117100