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How do the media affect public support for democratic institutions in a fragile democracy? What role do they play in a …
Persistent link: https://www.econbiz.de/10011272620
This paper presents a model of media competition with free entry when media operators are financed both from … antagonist, is different if media operators impose a price or a quantity to advertisers. When consumers dislike advertising …, media operators are better off setting an advertising price than an advertising quantity. We establish a relationship …
Persistent link: https://www.econbiz.de/10005405759
This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the...
Persistent link: https://www.econbiz.de/10008727287
We study a two-sided markets model of two competing television stations that offer content of differentiated quality to ad-averse consumers and advertising space to firms. As all consumers prefer high over low quality content, competition for viewers is vertical. By contrast, competition for...
Persistent link: https://www.econbiz.de/10009221558
on Internet downloads and black market purchases of low-quality copies like the most common form. Somewhat paradoxically …
Persistent link: https://www.econbiz.de/10005406063
The TV industry is a two-sided market where both advertisers and viewers buy access to the programs offered by competing TV channels. Under the current market structure advertising prices are typically set by TV channels while viewer prices are set by distributors (e.g. cable operators). The...
Persistent link: https://www.econbiz.de/10008572578
In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find that partial ownership arrangements can be more profitable for the acquiring and acquired firm because they can result in a greater dampening of competition. We also derive...
Persistent link: https://www.econbiz.de/10008583701
The paper’s objective is to assess price discrimination in magazine subscriptions in the Brazilian market. Oster and Scott-Morton (2005) had advanced a price discrimination mechanism in which the ratio between subscription and newsstand prices would be positively associated to the extent that...
Persistent link: https://www.econbiz.de/10011075724
In this paper we investigate the relationship between news sources and media firms. Although empirically important …, this channel for supply-driven media bias has not previously been analyzed in economics literature. We model the … provide to a media firm. Strategic interactions between these agents may have a significant impact on the level of media bias …
Persistent link: https://www.econbiz.de/10010568472
In Germany, formal child care coverage rates have increased markedly over the past few decades. The present paper is concerned with how mothers’ mental and physical health is affected by whether they place their child in formal day care or not. Furthermore, the effects of formal child care...
Persistent link: https://www.econbiz.de/10010877711