Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/28956
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dc.contributor.authorVeith, Tobiasen
dc.date.accessioned2009-12-01-
dc.date.accessioned2009-12-08T15:32:24Z-
dc.date.available2009-12-08T15:32:24Z-
dc.date.issued2009-
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
dc.language.isoengen
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen
dc.relation.ispartofseries|aZEW Discussion Papers |x09-071en
dc.subject.jelL51en
dc.subject.jelL52en
dc.subject.jelL86en
dc.subject.jelL96en
dc.subject.jelO31en
dc.subject.jelO33en
dc.subject.ddc330en
dc.subject.keywordregulationen
dc.subject.keywordmobile telecommunicationsen
dc.subject.keywordinvestmentsen
dc.subject.keywordinterconnectionen
dc.subject.stwMobilkommunikationen
dc.subject.stwInvestitionen
dc.subject.stwTelekommunikationsnetzen
dc.subject.stwNetzzugangen
dc.subject.stwTelekommunikationsgebühren
dc.subject.stwWettbewerben
dc.subject.stwTheorieen
dc.titleMobile network interconnection and investments-
dc.type|aWorking Paperen
dc.identifier.ppn613938445en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zewdip:09071en

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