کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5078459 | 1477347 | 2010 | 9 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Dynamic access pricing and investment in alternative infrastructures Dynamic access pricing and investment in alternative infrastructures](/preview/png/5078459.png)
We analyze the impact of access price regulation on the entrants' investment in network quality. We consider a dynamic framework where developing an alternative infrastructure requires both time and a captive customer base. We show that a multi-period schedule where regulated access charges rise over time is critical to foster efficient infrastructure investment. Nonetheless, a sunset clause on regulation dilutes investment incentives. We also show that, in the absence of regulatory commitment, the time-dependent schedule may not be robust to sequential entry. Hence, to preserve investment by early entrants, access charges should depend both on time and the entry period, in such a way that each entrant is provided with the same dynamic access conditions. The relevance of these issues carries over to the prospective deployment of new access infrastructures, the so-called Next Generation Access networks.
Journal: International Journal of Industrial Organization - Volume 28, Issue 2, March 2010, Pages 167-175