Crawford, Gregory S.; Yurukoglu, Ali - In: American Economic Review 102 (2012) 2, pp. 643-85
We measure how the bundling of television channels affects short-run welfare. We estimate an industry model of viewership, demand, pricing, bundling, and input-market bargaining using data on ratings, purchases, prices, bundles, and input costs. We conduct simulations of a la carte policies that...