Genakos, Christos and Valletti, Tommaso (2012) Regulating prices in two-sided markets: the waterbed experience in mobile telephony. Telecommunications Policy, 36 (5). pp. 360-368. ISSN 0308-5961
Full text not available from this repository.Abstract
The distinguishing feature of two-sided markets is that the pricing structure, that is, the relative prices charged to each side, matters. Regulators need to understand and account for the interdependence of prices in both sides. Some interventions that lower the prices on one side can result in higher prices on the other side of such markets. This article reviews the recent literature analyzing this waterbed phenomenon in mobile telephony and draws some more general lessons for policy interventions in two-sided markets.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.journals.elsevier.com/telecommunication... |
| Additional Information: | © 2012 Elsevier |
| Divisions: | Centre for Economic Performance |
| Subjects: | H Social Sciences > HE Transportation and Communications H Social Sciences > HG Finance |
| JEL classification: | D - Microeconomics > D4 - Market Structure and Pricing |
| Date Deposited: | 02 Mar 2012 12:52 |
| Last Modified: | 06 Jan 2024 01:39 |
| URI: | http://eprints.lse.ac.uk/id/eprint/42099 |
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