期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2009
卷号:1
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:The imposition of universal coverage and uniform pricing constraints, as part of the universal
service obligations, makes the universal service provider less aggressive in the price game when it
competes with a firm that does not cover the whole set of markets (Valletti et al., 2002). In this
paper, we fully characterize the resulting price equilibrium when universal service obligations are
imposed. With a limited market coverage by the entrant or a small degree of degree of product
differentiation, the equilibrium is a mixed strategy one.
关键词:universal service obligations, uniform pricing, price competition.