Showing 1 - 10 of 92
This paper studies the market provision of a specific type of public good: radio and television broadcasts. Its main …
Persistent link: https://www.econbiz.de/10012471263
satisfaction grow in market size. We document this phenomenon across 246 US radio markets. By a mechanism that we term 'preference … Hispanic and non-Hispanic radio listeners, and among listeners of different age groups. The patterns are striking: while …
Persistent link: https://www.econbiz.de/10012471394
variety in the radio industry is affected by changes in ownership structure. While it is in general difficult to measure the … Telecommunications Act substantially relaxed local radio ownership restrictions, giving rise to a major and exogenous consolidation wave … data set on 243 U.S. radio broadcast markets in 1993 and 1997, we find that concentration reduces entry and increases …
Persistent link: https://www.econbiz.de/10012471716
the commercial radio industry. Based on a set of markets where industry revenues were around $88 billion, I find that … radio markets adapting quite quickly to demand shocks …
Persistent link: https://www.econbiz.de/10012465124
(and radio), I exploit plausibly exogenous differences in over-the-air signal strength associated with the topography of … watching television and listening to radio, is associated with substantially lower levels of participation in social activities …
Persistent link: https://www.econbiz.de/10012466101
be offset if entry reduces prices or increases available product variety. Our study of the radio industry provides one of … the first empirical attempts to quantify the inefficiency associated with free entry. Using data on advertising prices …, number of stations and radio listening in 135 U.S. metropolitan markets, we estimate how listening and revenue vary with the …
Persistent link: https://www.econbiz.de/10012473328
since WWII: the Serbo-Croatian conflict. We show that, after a decade of peace, cross-border nationalistic Serbian radio … public radio (intended for Serbs in Serbia) whenever signal is available. As a result, the vote for extreme nationalist … parties is higher, and ethnically offensive graffiti are more common, in Croatian villages with Serbian radio reception. A …
Persistent link: https://www.econbiz.de/10012461623
This paper examines demand systems where the demand for a good depends on other prices only through a common price aggregator (a scalar function of all prices). We refer to this property as ``generalized separability'' and provide the functional forms of demand that this property implies when...
Persistent link: https://www.econbiz.de/10013191091
This paper examines demand systems where the demand for a good depends only on its own price, consumer income, and a single aggregator synthesizing information on all other prices. This generalizes directly-separable preferences where the Lagrange multiplier provides such an aggregator. As...
Persistent link: https://www.econbiz.de/10012480678
. The numerical analysis literature offers many reliable methods, and should be used because alternatives derived from … difference methods from numerical analysis produces far superior approximations than do simple discrete-time systems …
Persistent link: https://www.econbiz.de/10012460295