Competition and Settlement Rates in International Telephone Markets
会议名称：《2010年中国产业组织前沿论坛》
会议日期：2010年
学科分类：0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学]
关 键 词：bilateral oligopoly competition settlement rate proportional return rule net settlement payments international telephone
摘 要：We develop several bilateral oligopoly models to study equilibrium prices and settlement rates in international telephone *** show that retail market competition and the proportional return rule(PRR) in dividing incoming traffic among *** are primary reasons for an increase in net settlement payments from the *** other *** the domestic carriers are required to form an alliance in choosing settlement rate against foreign carriers,the PRR has no effect on the equilibrium traffic volumes but brings down the total profits earned by the *** overall market efficiency can be improved when multiple routes are available for international traffic ***,we apply the *** data to explain the trends in both calling prices and settlement *** theoretical predictions appear to be consistent with the market observations.