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The purpose of this article is to analyze how competitive forces may influence the way media firms like TV channels raise revenue. A media firm can either be financed by advertising revenue, by direct payment from the viewers (or the readers, if we consider newspapers), or by both. We show that...
Persistent link: https://www.econbiz.de/10003861802
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly unequal country, South Africa. Using six waves of a consumer survey of over 134,000 individuals between 2009-2014, we estimate a discrete-choice model allowing for...
Persistent link: https://www.econbiz.de/10012029118
Persistent link: https://www.econbiz.de/10003495802
Software platforms are a critical component of the computer systems underpinning leading edge products ranging from third generation mobile phones to video games. After describing some key economic features of computer systems and software platforms, the paper presents case studies of personal...
Persistent link: https://www.econbiz.de/10002521152
diversification as an essential aspect of national risk management aimed at promoting efficiency, growth, and welfare. The paper first … presents economic and political diversification side by side in a cross-country framework and discusses how they interact and … effects of insufficient economic and insufficient political diversification. Dominated for decades by the fishing industry …
Persistent link: https://www.econbiz.de/10010533096
A positive relationship between firm size and product diversification is a long-standing stylized fact. However, so far …
Persistent link: https://www.econbiz.de/10011509499
. In the longer run, however, a trade-off between diversification and climate action emerges. We derive the optimal carbon …
Persistent link: https://www.econbiz.de/10012258563
We study the investor behavior on a leading peer-to-business lending platform and find evidence of two new investment biases - a default shock bias and a deep market bias. First, we find investors to stop investing in new loans and to cease from diversifying their portfolio after experiencing a...
Persistent link: https://www.econbiz.de/10011863582
Because excessive specialization can be risky, diversification matters for sustainable development. A case study of … Madagascar, this paper begins by briefly discussing economic and institutional diversification and presenting a simple model of … production possibilities to illuminate the possible contribution of diversification to economic and social development in …
Persistent link: https://www.econbiz.de/10015048370
Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce …
Persistent link: https://www.econbiz.de/10009388315