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We analyse the rivalry between two TV-channels competing both on the market for audience and the market for advertising. We identify the nature of TV-programs emerging from this competition, and the quantity of advertising that TV-viewers will have to attend at equilibrium. Finally, we examine...
Persistent link: https://www.econbiz.de/10005486781
The press industry depends in a crucial way on the possibility of financing an important fraction of its activities by advertising receipts. We show that this induces the editors of the newspapers to moderate the political message they display to their readers in order to make their newspaper...
Persistent link: https://www.econbiz.de/10005634020
We analyse the rivalry between two TV-channels competing both on the market for audience and the market for advertising. We identify the nature of TV-programs emerging from this competition, and the quantity of advertising that TV-viewers will have to attend at equilibrium. Finally, we examine...
Persistent link: https://www.econbiz.de/10005634073
This paper provides a normative appraisal of the Canadian equalization transfers system. For that sake, the two-dimensional dominance criteria introduced by Atkinson and Bourguignon(RES, 1982) are used to compare the distributions of private and public good before and after equalization...
Persistent link: https://www.econbiz.de/10005292378
We examine the evolution of the distributions of wealth and income in a Ramsey model in which agents differ in their initial capital endowment and where the labor supply is endogenous. The assumption that the utility function is homogeneous in consumption and leisure implies that the...
Persistent link: https://www.econbiz.de/10005292379
In this paper, individuals, initially living in a Mirrleesian economy A, have outside options consisting in settling down in a laissez-faire country B while paying positive migration costs. We first examine the impact of the threat of migration, assuming participation constraints are taken into...
Persistent link: https://www.econbiz.de/10005292380
Les transferts et la redistribution publics créent une part importante de la distribution du revenu et sont un sujet majeur de la politique et de l’éthique sociale, et donc de l’économie publique et de l’économie normative. Le critère d’unanimité des jugements bien considérés...
Persistent link: https://www.econbiz.de/10005292381