Endogenous Sunk Costs in the Market for Mobile Telecommunications - The Role of Licence Fees

An oligopoly model with endogenous sunk costs illustrates the trade off between ex ante extraction of oligopoly rents and market entry of firms in the mobile telecommunications industry. Competitive bidding for radio frequency licences provides scope for setting market structure endogenously - the h...

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Bibliographic details
Volume: 33
Main Author: Gruber, Harald
Format: Journal Article
Language: English
Place of publication: Economic and Social Studies 2002
published in: The Economic and Social Review Vol. 33; no. 1; pp. 55 - 64
Data of publication: 2002
Series: The Economic and Social Review
Online Access: available in Bonn?
Database: RePEc IDEAS
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