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

Evidence from a sample of countries show that people roughly spend as much time watching television as earning their living. Moreover, television viewing and work hours are positively correlated across countries. A simple model based on complementarities in the organization of free time is...

In diesem Beitrag werden die strategischen Interaktionen bei der Programmwahl privater und öffentlich-rechtlicher TV-Anbieter mit Hilfe eines einfachen spieltheoretischen Modelies untersucht. Dabei zeigt sich unter anderem, daß die in der gegenwärtigen medienpolitischen Diskussion heftig...

In this paper, we analyze the equilibrium amount of entertainment in news coverage of newspapers and television stations. We find that a shift in the inclination to read, expressed by a shift in the (psychological) distance costs, induces both media outlets to incorporate more entertaining...