We consider a model of a TV oligopoly where TV channels transmit advertising and viewersdislike such commercials. We show that advertisers make a lower profit the larger the numberof TV channels. If TV channels are sufficiently close substitutes, there will be underprovisionof advertising...

A recent phenomenon of globalisation has come to be known as "Knowledge Process Outsourcing" (KPO), whereby knowledge-intensive R&D work is outsourced to an outside firm or an offshore-subsidiary. Primary motives of KPO are thought to be availability of highly-skilled labour, locations of...

Aufgrund der zunehmenden Digitalisierung und der damit einhergehenden Veränderungen hinsichtlich derVerbreitungswege und Angebotsformen, der Fragmentarisierung von Zielgruppen und verändertem Mediennutzungsverhaltenbefindet sich die Kommunikationsbranche im Umbruch. Kommunikationstreibendeund...

Watching TV is a major human activity. Because of its immediate benefits at negligible immediatemarginal costs it is for many people tempting to view TV rather than to pursue more engaging activities.As a consequence, individuals with incomplete control over, and foresight into, their...