TY - GEN
T1 - Investment in an unlicensed spectrum market with contracts
AU - Zhu, Yining
AU - Berry, Randall A.
N1 - Funding Information:
This research was supported in part by NSF grants TWC-1314620, AST-1343381 and AST-1547328.
Publisher Copyright:
© 2017 IEEE.
PY - 2017/5/5
Y1 - 2017/5/5
N2 - Unlicensed access to spectrum has the potential to increase competition in spectrum access and encourage innovations by lowering barriers to entry. However, early provider offering service in such a band might use customer contracts which impose a penalty on customers for switching to other providers as a way of creating new entry barriers. Given such contracts, entrant providers must weigh the likelihood of customers switching to them when deciding how much to invest in the development of new technology. Furthermore, there may be information asymmetries between an entrant and an existing provider with regard to the potential efficiency of any new technology. We use a game theoretic model to study such issues and characterize the resulting impact of contracts on the overall economic welfare.
AB - Unlicensed access to spectrum has the potential to increase competition in spectrum access and encourage innovations by lowering barriers to entry. However, early provider offering service in such a band might use customer contracts which impose a penalty on customers for switching to other providers as a way of creating new entry barriers. Given such contracts, entrant providers must weigh the likelihood of customers switching to them when deciding how much to invest in the development of new technology. Furthermore, there may be information asymmetries between an entrant and an existing provider with regard to the potential efficiency of any new technology. We use a game theoretic model to study such issues and characterize the resulting impact of contracts on the overall economic welfare.
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U2 - 10.1109/DySPAN.2017.7920777
DO - 10.1109/DySPAN.2017.7920777
M3 - Conference contribution
AN - SCOPUS:85020020339
T3 - 2017 IEEE International Symposium on Dynamic Spectrum Access Networks, DySPAN 2017
BT - 2017 IEEE International Symposium on Dynamic Spectrum Access Networks, DySPAN 2017
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2017 IEEE International Symposium on Dynamic Spectrum Access Networks, DySPAN 2017
Y2 - 6 March 2017 through 9 March 2017
ER -