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Full-Text Articles in Industrial Organization
Secondary Markets: The Quiet Economic Value Creator, John Mayo, Scott J. Wallsten
Secondary Markets: The Quiet Economic Value Creator, John Mayo, Scott J. Wallsten
Scott J. Wallsten
No abstract provided.
What Gets Measured Gets Done: Stop Focusing On Irrelevant Broadband Metrics, Scott J. Wallsten
What Gets Measured Gets Done: Stop Focusing On Irrelevant Broadband Metrics, Scott J. Wallsten
Scott J. Wallsten
Concerns regarding the state of U.S. broadband arises from a combination of focusing on the wrong metrics, a misguided interpretation of consumer preferences, and a popular obsession with rankings. These misperceptions translate into misdirected, if well-intentioned, public policies that waste scarce resources and distract from real issues like a large income-based digital divide.
How To Create A More Efficient Broadband Universal Service Program By Incorporating Demand And Cost-Effectiveness Analysis, Scott J. Wallsten
How To Create A More Efficient Broadband Universal Service Program By Incorporating Demand And Cost-Effectiveness Analysis, Scott J. Wallsten
Scott J. Wallsten
The existing high-cost fund suffers from two inherent flaws: it does not incorporate how much consumers value the services being subsidized, and does not measure the incremental, rather than average, effects of the program. This paper proposes a way to incorporate those factors into the Connect America Fund—the proposed high-cost broadband support program—to enable it to operate more efficiently than the existing high-cost program ever could.
In particular, decisions about where to provide subsidies should be based on cost-effectiveness analyses that explicitly take into account not just the cost of providing service but also how much consumers would value the …
Margin Squeeze In Mexican Mobile Telecommunications, Víctor Pavón-Villamayor
Margin Squeeze In Mexican Mobile Telecommunications, Víctor Pavón-Villamayor
Víctor Pavón-Villamayor
No abstract provided.
Secondary Spectrum Markets As Complements To Incentive Auctions, Scott J. Wallsten, John W. Mayo
Secondary Spectrum Markets As Complements To Incentive Auctions, Scott J. Wallsten, John W. Mayo
Scott J. Wallsten
No abstract provided.
The Universal Service Fund: What Do High-Cost Subsidies Subsidize?, Scott J. Wallsten
The Universal Service Fund: What Do High-Cost Subsidies Subsidize?, Scott J. Wallsten
Scott J. Wallsten
The universal service program in the United States currently transfers about $7.5 billion per year from telephone subscribers to certain telephone companies. Those funds are intended to help achieve particular policy goals, such as subsidizing telephone service in rural areas and making phone service more affordable to low-income people. The bulk of the funds, about $4.5 billion per year, subsidizes firms operating in high-cost areas. A large literature documents the inefficiency and ineffectiveness of these subsidies, raising the question of where the money goes. This paper uses data submitted by about 1,400 recipients of high-cost subsidies from 1998 – 2008 …
Using Spectrum Auctions To Enhance Competition In Wireless Services, Peter Cramton, Evan Kwerel, Gregory Rosston, Andrzej Skrzypacz1
Using Spectrum Auctions To Enhance Competition In Wireless Services, Peter Cramton, Evan Kwerel, Gregory Rosston, Andrzej Skrzypacz1
Peter Cramton
Spectrum auctions are used by governments to assign and price licenses for wireless communications. Effective auction design recognizes the importance of competition, not only in the auction, but in the downstream market for wireless communications. This paper examines several instruments regulators can use to enhance competition and thereby improve market outcomes.