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dc.contributor.authorPrieger, James E.en_US
dc.date.accessioned2006-01-04en_US
dc.date.accessioned2010-05-14T11:03:57Z-
dc.date.available2010-05-14T11:03:57Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/31324-
dc.description.abstractThis paper endogenizes the interplay between innovation by a regulated firm and regulatory delay. When product innovation costs fall over time, an extra day of regulatory delay increases time to introduction by more than a day. In the signaling model, the firm therefore times its innovation to communicate its private information about the marginal cost of delay to the regulator. Successful signaling leads the regulator to reduce regulatory delay. The model places testable restrictions on the empirical relationship between innovation delay and regulatory delay. The model is consistent with data gathered from a large U.S. telecommunications provider.en_US
dc.language.isoengen_US
dc.publisherDep. of Economics, Univ. of California Davis, Calif.en_US
dc.relation.ispartofseriesWorking papers // University of California, Department of Economics 05,4en_US
dc.subject.jelL51en_US
dc.subject.jelL96en_US
dc.subject.ddc330en_US
dc.subject.stwInnovationen_US
dc.subject.stwZeiten_US
dc.subject.stwRegulierungen_US
dc.subject.stwTheorieen_US
dc.titleEndogeneous regulatory delay and the timing of product innovationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn505100789en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Working Papers, Department of Economics, UC Davis

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