ANDERSON, Simon P.; GABSZEWICZ, Jean J. - Center for Operations Research and Econometrics (CORE), … - 2005
, magazines, newspapers, the Internet, and television (the illustrative example henceforth). Most advertising expenditures are … incurred for these media. They are also mainly supported by advertising revenue. Early work stressed possible market failures … sides are coordinated by broadcasters (or "platforms") that choose ad levels and program types, and advertising finances the …