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Happily Ever After? – Vertical and Horizontal Mergers in the U.S. Media Industry
Stöhr, Annika - 2019
This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine economic effects of these types of mergers on market...
Persistent link: https://www.econbiz.de/10012869100
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Happily ever after? - vertical and horizontal mergers in the U.S. media industry
Stöhr, Annika; Noskova, Victoriia; Kunz-Kaltenhäuser, … - 2019
This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine economic effects of these types of mergers on market...
Persistent link: https://www.econbiz.de/10012011207
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Backward compatibility to sustain market dominance : evidence from the US handheld video game industry
Claussen, Jörg; Kretschmer, Tobias; Spengler, Thomas - 2010
The introduction of a new product generation forces incumbents in network industries to rebuild their installed base to maintain an advantage over potential entrants. We study if backward compatibility can help moderate this process of rebuilding an installed base. Using a structural model of...
Persistent link: https://www.econbiz.de/10008779795
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Market leadership through technology : backward compatibility in the U.S. handheld video game industry
Claussen, Jörg; Kretschmer, Tobias; Spengler, Thomas - 2012 - [rev.]
The introduction of a new product generation forces incumbents in network industries to rebuild their installed base to maintain an advantage over potential entrants. We study if backward compatibility moderates this process of rebuilding an installed base. Using a structural model of the U.S....
Persistent link: https://www.econbiz.de/10010443153
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Towards Effective U.S. Broadband Policies
Wallsten, Scott - 2013
Although recent international broadband penetration rankings have Congress concerned about U.S. broadband policy, these statistics should not play a large role in forming U.S. broadband policy, as they fail to take into account geographic factors, demographic factors and consumer preferences...
Persistent link: https://www.econbiz.de/10014050581
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A Point of View : Net Neutrality Regulation in the United States
Esbin, Barbara S. - 2013
The United States moved closer to Net Neutrality regulation this year when the Federal Communications Commission found that Comcast, a cable broadband Internet service provider, violated a set of Internet policy principles the FCC adopted in 2005 by limiting peer-to-peer (P2P) traffic. The...
Persistent link: https://www.econbiz.de/10013095892
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Newspaper and internet display advertising : co-existence or substitution?
Lindstädt-Dreusicke, Nadine; Budzinski, Oliver - 2012
Newspapers have been experiencing declining circulation figures and diminishing advertising revenues for several years … complementation effects between internet and newspaper advertising. It was argued that retail advertising, in particular, may offer a … otherwise mostly substitutional advertising markets. This paper empirically tests these hypotheses by analyzing advertising …
Persistent link: https://www.econbiz.de/10009564404
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Effects of Mergers in Two-Sided Markets : Examination of the U.S. Radio Industry
Jeziorski, Przemyslaw - 2014
This paper studies mergers in two-sided markets by estimating a structural supply-and-demand model using data from the 1996-2006 merger wave in U.S. radio. It makes two main contributions. First, it identifies the conflicting incentives of merged firms to exercise market power on both sides of...
Persistent link: https://www.econbiz.de/10013069081
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Quality and Variety : Evidence from the U.S. Film Industry
Wang, Chen - 2018
This paper assesses film makers' choices on product quality and variety in filmproduction, which production budget and genre are used to represent quality andvariety, respectively. My research is unique in that it exploits the peculiar lack ofprice variation in the film industry, as ticket...
Persistent link: https://www.econbiz.de/10012929494
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Estimation of Cost Efficiencies from Mergers : Application to U.S. Radio
Jeziorski, Przemyslaw - 2013
This paper develops a way to estimate fixed-cost efficiencies from mergers. The estimates might be used to assess the total welfare impact of retrospective and counterfactual mergers. The procedure uses a structural model in which companies play a dynamic game with endogenous mergers and...
Persistent link: https://www.econbiz.de/10013094179