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Media and especially mass media like newspapers or magazines are characterised by a number of peculiarities which are interesting from both a theoretical and empirical point of view. The interrelationship of reader and advertising markets, high sunk costs and large economies of scale are typical...
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We review the Economics literature on newspapers and magazines. Our emphasis is on the newspaper industry, especially in the United States, given that this has been the focus of existing research. We first discuss the structure of print media markets, describing the rise in the number of daily...
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Drawing on panel data on daily fuel prices covering over 5,000 filling stations in Germany, this paper documents a …Dieses Paper analysiert einen Paneldatensatz täglicher Kraftstoffpreise von über 5000 Tankstellen in Deutschland und …
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To increase competition in the retail market for gasoline, Germany's Federal Cartel Office established the so …-called Market Transparency Unit for Fuels (MTU). Drawing on a panel data set covering 6,834 stations in Germany and employing both … margins of gas stations. We find that the MTU fostered a more intense competition, with a reduction in price margins of 1 …
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