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dc.contributor.authorVeith, Tobiasen_US
dc.date.accessioned2009-12-01en_US
dc.date.accessioned2009-12-08T15:32:24Z-
dc.date.available2009-12-08T15:32:24Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/28956-
dc.description.abstractAbstract In markets with competing interconnected networks like mobile telecommunication markets investments affect the investor’s and also any competitors’ profits. In a theoretical model it is shown that cost-reducing investments reduce the investor’s termination rates and increase competitors’ termination rates under the callingparty- network-pays regime. Moreover, investments increase off-net traffic from the investor’s network but also from competitors’ networks. Regulation changes the effect on competitors’ termination rates but all other effects remain the same or are strengthened. Empirical results support the theoretical findings concerning the investor’s termination rates and the findings on off-net traffic. Competitors’ termination rates decrease. The negative termination rate effect even outweighs the quantity effect in the competitors’ profit functions. Testing for a common regulation-investment effect provides evidence that the negative investment externality is not due to regulation.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 09-071en_US
dc.subject.jelL51en_US
dc.subject.jelL52en_US
dc.subject.jelL86en_US
dc.subject.jelL96en_US
dc.subject.jelO31en_US
dc.subject.jelO33en_US
dc.subject.ddc330en_US
dc.subject.keywordregulationen_US
dc.subject.keywordmobile telecommunicationsen_US
dc.subject.keywordinvestmentsen_US
dc.subject.keywordinterconnectionen_US
dc.subject.stwMobilkommunikationen_US
dc.subject.stwInvestitionen_US
dc.subject.stwTelekommunikationsnetzen_US
dc.subject.stwNetzzugangen_US
dc.subject.stwTelekommunikationsgebühren_US
dc.subject.stwWettbewerben_US
dc.subject.stwTheorieen_US
dc.titleMobile network interconnection and investmentsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn613938445en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:09071-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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