With the rising cost of broadcast programming and the high-profile of “blackouts,” Retransmission Consent has earned a place at the forefront of the modern communications policy debate. To provide a framework under which to evaluate the issue, we present in this PAPER an economic theory of...

As detailed in this perspective, the view that state auto franchise laws are protectionist is inconsistent with the evidence and theory used to support the claim. Moreover, an economic model of car and service sales shows that franchise laws, by introducing an intermediary between the individual...

Over the past twenty years we have seen the emergence of an important phenomenon in the practice of modern regulation — cooperative bargaining between the regulator and the regulated over a “bundle” of seemingly unrelated issues. Because of the multiplicity of issues being adjudicated...

For the last twenty years, promoting broadband adoption has been a focal point of communications policy around the world. Despite significant advances, there is still much work to be done. To help bridge this adoption gap, in many countries private communications companies are now offering...

When a terrestrial radio station plays a song during its over-the-air broadcast, the artists and their record labels receive no compensation for the sound recording right. Yet radio's digital competitors — including streaming services and satellite radio — do pay performance royalties to...