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New PDF release: Access Pricing: Theory and Practice

By Ralf Dewenter, Justus Haucap

ISBN-10: 0080464467

ISBN-13: 9780080464466

ISBN-10: 0444528032

ISBN-13: 9780444528032

Entry to crucial amenities or so-called bottlenecks has turn into the foremost public coverage factor for the liberalization of community industries equivalent to telecommunications, electrical energy, rail and so forth. nonetheless, entry costs will not be purely very important for pageant in previously monopolistic industries, but in addition for industries the place festival has lengthy been demonstrated akin to cost and bank card networks or cellular telecommunications. because the latter industries have additionally come less than nearer scrutiny through regulatory organizations and festival professionals, this ebook is devoted to the research of entry pricing in concept and perform. The constitution of this e-book that's prepared in 5 components is as follows: The prolonged advent will introduce the main techniques and concerns together with a quick clarification of the fundamental facility thought in addition to the excellence among one-way and two-way entry and may in brief survey the most contributions in the literature on entry pricing idea and perform. whereas components I and II take care of the speculation of one-way and two-way entry pricing, respectively, half III specializes in the newly rising conception of entry pricing with multihoming. elements IV and V handle the perform facet and concentrate on industry-specific purposes and unique difficulties (Part IV) in addition to public coverage matters (Part V). This e-book presents helpful theoretical and empirical analyses in entry Pricing and similar themes. It bargains numerous various issues of view. It positive factors examine from hugely reputed scientists operating during this box.

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Marcus (2005): ‘Why regulate? Lessons from New Zealand’, IEEE Communications Magazine 43 (11): 15–16. A. (1999): ‘The effect of sunk costs in telecommunications regulation’, in Alleman, J. and E. Noam (eds), The New Investment Theory of Real Options and its Implication for Telecommunications Economics, Kluwer Academic Publishers, Boston, 191–204. A. , C. Engel und G. Knieps (eds), Competition and Regulation in Telecommunications, Kluwer Academic Publishers, Boston, 51–68. Hoeffler, F. ’, Journal of Industry, Competition, and Trade 6: 27–43.

Belfin, R. and M. Lukanowicz (1999): Positionspapier der Telekom-Control zum Ansatz der Forward Looking Long Run Incremental Costs zur Berechnung von kostenorientierten Zusammenschaltungsentgelten, Vienna, January 1999. Buehler, S. (2005): ‘The promise and pitfalls of restructuring network industries’, German Economic Review 6: 205–228. Carter, M. and J. Wright (1999): ‘Interconnection in network industries’, Review of Industrial Organization 14: 1–25. Carter, M. and J. Wright (2003): ‘Asymmetric network interconnection’, Review of Industrial Organization 22: 27–46.

Extending the analysis to non-linear retail prices, it is shown, again, that the effects from an increase in access charges on (twopart) retail prices are not unambiguous. The same holds for model extensions regarding (1) heterogeneous consumers and (2) price differentiation with respect to internal and external calls. Overall, this contribution clarifies that rather strong assumptions are needed to support the collusion hypothesis. The results obtained by Stefan Buehler and Armin Schmutzler rather suggest that collusion on access charges with two-way network competition is less common.

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Access Pricing: Theory and Practice by Ralf Dewenter, Justus Haucap


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