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The Welfare Effects of Bundling in Multichannel Television Markets
Crawford, Gregory S; Yurukoglu, Ali - C.E.P.R. Discussion Papers - 2011
We measure how the bundling of television channels affects welfare. We estimate an industry model of viewership, demand, pricing, bundling, and input market bargaining using data on ratings, purchases, prices, bundles, and input costs. We conduct simulations of à la carte policies that require...
Persistent link: https://www.econbiz.de/10009001064
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Cable Regulation in the Internet Era
Crawford, Gregory S - C.E.P.R. Discussion Papers - 2013
television regulation in light of these developments. It surveys the dismal empirical record on the effects of price regulation …
Persistent link: https://www.econbiz.de/10011084592
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Risk Aversion and Human Capital Investment: A Structural Econometric Model
Brodaty, Thomas; Gary-Bobo, Robert J.; Prieto, Ana - C.E.P.R. Discussion Papers - 2006
We propose to model individual educational investments as a rational decision, maximizing expected utility, conditional on some characteristics observed by the student, under the combined risks affecting future wages and schooling duration. Assuming that students' attitudes toward risk can be...
Persistent link: https://www.econbiz.de/10005123629
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Estimation of Class-Size Effects, Using 'Maimonides' Rule': The Case of French Junior High Schools
Gary-Bobo, Robert J.; Mahjoub, Mohamed Badrane - C.E.P.R. Discussion Papers - 2006
Using a rich sample of students from French junior high schools with a panel structure, we obtain small but significant and negative effects of class size on probabilities of educational success, in grades 6 and 7. An 8 to 10 student reduction of class size puts the child of a non-educated...
Persistent link: https://www.econbiz.de/10005123884
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The Economics of Books
Canoy, Marcel; van der Ploeg, Frederick; Ours, Jan C van - C.E.P.R. Discussion Papers - 2005
The tensions between books and book markets as expressions of culture and books as products in profit-making businesses are analysed and insights from the theory of industrial organisation are given. Governments intervene in the market for books through laws concerning prices of books, grants...
Persistent link: https://www.econbiz.de/10005124150
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Does the 'New Economy' Measure up to the Great Inventions of the Past?
Gordon, Robert J - C.E.P.R. Discussion Papers - 2000
past, not in the future. The Internet fails as a Great Invention because much of its use involves substitution of existing … activities from one medium to another, because much Internet investment involves defence of market share rather than creation of … something of social value, because much Internet activity duplicates existing activity like mail order catalogues, while the …
Persistent link: https://www.econbiz.de/10005124176
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Chicken and Egg: Competing Matchmakers
Caillaud, Bernard; Jullien, Bruno - C.E.P.R. Discussion Papers - 2001
intermediation on the Internet by allowing registration and transaction prices, and multiple registration. When only registration …
Persistent link: https://www.econbiz.de/10005136667
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Digital Goods and the New Economy
Quah, Danny - C.E.P.R. Discussion Papers - 2003
New Economy is one where the economics of digital goods importantly influence aggregate economic performance. This Article …
Persistent link: https://www.econbiz.de/10005067419
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Matching Demand and Supply in a Weightless Economy: Market-Driven Creativity With and Without IPRs
Quah, Danny - C.E.P.R. Discussion Papers - 2002
Many cultural products have the same non-rival nature as scientific knowledge. They therefore face identical difficulties in creation and dissemination. One traditional view says market failure is endemic – societies tolerate monopolistic inefficiency in intellectual property (IP) protection...
Persistent link: https://www.econbiz.de/10005498130
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IPO Pricing in the dot-com Bubble
Ljungqvist, Alexander P.; Wilhelm Jr, William J - C.E.P.R. Discussion Papers - 2002
preponderance of Internet and high-tech firms going public. Our results suggest that it was firm characteristics that were unique …
Persistent link: https://www.econbiz.de/10005504679