Regulatory legacy, VoIP adoption, and investment incentives
نویسندگان
چکیده
The introduction of VoIP telephony raises concerns about current regulatory practice. Access regulation has been designed for PSTN and the liberalization of the PSTN market. This paper explores the effects of access regulation of PSTN networks on consumers’ adoption of a new technology in the form of VoIP. It also discusses the link between access regulation and the incentives to invest in VoIP. & 2010 Elsevier Ltd. All rights reserved.
منابع مشابه
Investment Incentives in Two-sided Platforms∗
We study investment incentives in proprietary and open platforms. We find that for a given a level of platform adoption, investment incentives are stronger in proprietary platforms. However, open platforms may receive larger investment because they benefit from user innovation and may lead to wider adoption, which raises the return to investment. Application prices do not affect equilibrium inv...
متن کاملThe challenges of classification: Emerging VOIP regulation in Europe and the United States
Internet telephony –or Voice over Internet Protocol (VOIP)– has the pote ntial to transform the world of voice communicati ons more profoundl y than anything since the inv ention of the telephon e itself. As tele communications incumbents and a range of new entrants begin rolling out commercial VOIP services, policymakers around the world are grappling with the regulatory implications. In the U...
متن کاملInvestment under uncertainty and regulation of new access networks
Contractual and regulatory provisions for access affect incentives to invest in an upgraded network and, in particular, a next-generation access network. Investment decisions are made under uncertainty and have to be made over time. This papers provides a framework for taking uncertainty, risk aversion, and the timing of investment explicitly into account. First, it evaluates various access pri...
متن کاملNumber 80 Regulatory Investment Incentives
This paper examines recent policy issues relating to foreign investment incentives in the regulatory domain. By ‘regulatory incentives’ in this context we mean those administrative conditions offered by governments to foreign firms other than special fiscal (e.g. tax) or financial (e.g. subsidies) treatment. The key issue addressed in this paper is whether competition between host countries for...
متن کاملForecasting Capital Investment for Fixed-Telephony Network Switching Equipment in Tandem with NGN Migration Using Cobb-Douglas Model
This paper tries to estimate the capital investment required for the fixed-telephony network switching equipment as demanded by the fourth national development plan. As a first step, the Cobb-Douglas model is used as a successful demand forecasting model to estimate the demand over the target years. Then, an architectural plan is developed for the fixed-telephony switching network that takes in...
متن کامل