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Broadcasting quotas of domestic contents are commonplace in developed countries. The core argument for them is to … reasoning ignores the trade-off between repetition (broadcasting more of the same) and new program diffusion. If each consumer … domestic programs. Total broadcasting time being limited, this will force the broadcaster to slash marginal (less popular …
Persistent link: https://www.econbiz.de/10008468156
The existing literature on "two-sided markets" addresses participation externalities, but so far it has neglected pecuniary externalities between competing platforms. In this paper we build a model that incorporates both externalities. In our setup differentiated platforms compete in advertising...
Persistent link: https://www.econbiz.de/10005614485
By examining the preparations for the 2007 ITU World Radio Conference (WRC-07) and associated developments this paper identifies practical examples of the market and technological pressures contributing towards a more liberalised approach to spectrum management. It argues that the need to find...
Persistent link: https://www.econbiz.de/10005619830
For over 10 years the European Community has strived to develop suitable and proportionate answers to the phenomenon of convergence in its audiovisual regulatory policy. This article outlines the regulatory process at an EU level since the early 1980s as far as media, telecommunications and...
Persistent link: https://www.econbiz.de/10005621356
The existing literature on "two-sided markets" addresses participation externalities, but so far it has neglected pecuniary externalities between competing platforms. In this paper we build a model that incorporates both externalities. In our setup differentiated platforms compete in advertising...
Persistent link: https://www.econbiz.de/10005121211
We offer a simple economic model of repeated barter to explore current economic exchange in Russia: individuals trade … barter allocations are distorted, as goods must be used for liquidity reasons. When third-party middlemen exist who can … facilitate barter, they command a premium for their services, and have preferences for improved liquidity which may or may not …
Persistent link: https://www.econbiz.de/10009294955
stable norms of behaviour. Domination of barter exchange, arrears, corruption and black market activities are examples of …
Persistent link: https://www.econbiz.de/10008596422
The claims that the Islamic gold dinar will avoid inflation and other ills of current economic crises are examined by studying how coinage systems actually functioned in history.The article shows that not only these claims are baseless but also that coinage would increase the prevailing interest...
Persistent link: https://www.econbiz.de/10008694024
If the heading has drawn your attention then it has achieved the second objective of this paper, its first objective being to lead the reader through a discussion of how economic scarcity is a reversible problem. This paper examines reasons why scarcity may remain unresolved by economics as a...
Persistent link: https://www.econbiz.de/10008548839
barter. I derive the optimal velocity of money, which depends on real GDP/capita and the net return on depository …
Persistent link: https://www.econbiz.de/10008550573