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34 recent studies have investigated the effect of currency union on trade, resulting in 754 point estimates of the effect. This Paper is a quantitative attempt to summarize the current state of debate; meta-analysis is used to combine the disparate estimates. The chief findings are that: a) the...
Persistent link: https://www.econbiz.de/10005067570
for reading or listening enjoyment may damage the production of world literature and in this respect make us all worse off … one particular language hurts the production of literature directly, because variety of languages of origin is enriching … language to invest in their own talents. "Literature" in the paper refers to earlier production of imaginative works which …
Persistent link: https://www.econbiz.de/10005789053
Technological change is transforming creative media industries. Digitisation lowers recording, storage, reproduction and distribution costs, while computer-based editing facilitates higher quality and special effects. With electronic distribution a vast range of content can be made available to...
Persistent link: https://www.econbiz.de/10009399708
Content providers rely on advertisers to pay for content. TiVo, remote controls, and pop-up ad blockers are examples of ad-avoidance technologies that allow consumers to view content without ads, and thereby siphon off the content without paying the ‘price.’ We examine the content...
Persistent link: https://www.econbiz.de/10008468534
We present an economic model of media bias and media mergers. Media owners have political motives as well as profit motives, and can influence public opinion by withholding information that is pejorative to their political agenda - provided that their agenda is not too far from the political...
Persistent link: https://www.econbiz.de/10008468536
exclusivity can arise in equilibrium. Contrary to the existing literature, this happens only when consumer types are observable …
Persistent link: https://www.econbiz.de/10008530344
Concert tickets can either be sold at a single price or at different prices to reflect the various levels of seating categories available. Here we consider how two product characteristics (the artist’s age and venue capacity) influence the likelihood that pop music concert tickets will be sold...
Persistent link: https://www.econbiz.de/10005123683
We compare the advertising intensity and content of programming in a market with competing media platforms. With pay-tv media platforms have two sources of revenues, advertising revenues and revenues from viewers. With free-to-air media platforms receive all revenues from advertising. We show...
Persistent link: https://www.econbiz.de/10005123830
This paper first discusses how the market is delineated in some recent antitrust cases in the printed media industry. It evaluates the extent to which the main features of the industry are incorporated into the analysis and affect market definition. In addition we argue that an econometric...
Persistent link: https://www.econbiz.de/10005123955
This Paper uses monthly data from a differentiated market dominated by a duopoly to analyse the nature of interactions between competitor firms. The incumbent, Canal Satellite, and the entrant, TPS, have dominated the French satellite pay-TV market, characterized by a monopoly until the end of...
Persistent link: https://www.econbiz.de/10005123972