𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Vertical integration in the telecommunication market

✍ Scribed by Deok-joo Lee; Hiroshi Katayama; Hyung-sik Oh

Publisher
Elsevier Science
Year
1997
Tongue
English
Weight
290 KB
Volume
33
Category
Article
ISSN
0360-8352

No coin nor oath required. For personal study only.

✦ Synopsis

In this paper, the policy issues of the vertical integration in the telecommunication market are discussed in the economic standpoint. A simple but robust game model about the vertical integration is developed to analyze the relationship between telecommunication common carriers and service providers. We also consider network externality on demand function, which is one of the essential characteristics of telecommunication market. The Nash equilibrium prices and the profits under both cases of vertical integrated and non-integrated markets are derived, and the welfare implications of the vertical integration are discussed. One of the significant result obtained from this study is that consumers are always better off under the vertical integration.

πŸ“œ SIMILAR VOLUMES

A strategic approach to customer satisfa
A strategic approach to customer satisfaction in the telecommunication service market
✍ J. Hahm; W. Chu; J.W. Yoon πŸ“‚ Article πŸ“… 1997 πŸ› Elsevier Science 🌐 English βš– 335 KB

As is the case in most other service industries, customer satisfaction is of paramount importance in the telecommunications industry. However, customer satisfaction management in the telecommunication industry is difficult because of the diversity of services and customer segments that exist. This d